ORAN ALJAZAIR, WEDNESDAY - The State Oil Organization (OPEC) on Wednesday (18/12) agree on cutting production of 2.2 million barrel per day (BPH), said OPEC President Chakib Khelil after the ministers meeting in Oran.Answering cutting production, Khelil said, "That is 2.2 million."
An OPEC statement said, the reduction in production will be effective starting January 1 Noble 2009. Previously, in September and October, OPEC approved a reduction of production amounting to 2 million barrel per day.
"The Conference (OPEC) agreed to cut 4.2 million barrel per day production from OPEC's actual September 2008, 29,045 million barrel per day, effective 1 January 2009," said the statement.
"The Conference (OPEC) agreed to cut 4.2 million barrel per day production from OPEC's actual September 2008, 29,045 million barrel per day, effective 1 January 2009," said the statement.
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