Iraq lowers Majnoon oilfield output to 104,000 bpd - source

[February 16, 2019]    BASRA, Iraq, Feb 16 (Reuters) - Iraq has lowered production at its giant Majnoon oilfield to 104,000 barrels per day (bpd) this month from 220,000 bpd in January, in line with an OPEC supply agreement, a senior oil ministry source told Reuters on Saturday.

Iraq is producing below its maximum capacity of nearly 5 million bpd, in line with an agreement between OPEC and other exporters such as Russia to curtail global supply in order to support prices.

(Reporting by Aref Mohammed; Writing by Ahmed Aboulenein; Editing by Mark Potter)

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