Iraq says it may abide by OPEC quotas in 2-3 years
Iraq's oil minister said Sunday that Baghdad will consider abiding by OPEC quotas once its crude production increases to at least 4 million barrels a day in two to three years.
Hussain al-Shahristani said there is no rush to discuss quotas with other members of the Organization of the Petroleum Exporting Countries while Iraq's production level, currently at 2.5 million barrels a day, remains bellow the country's potential. (AP)
