Iraq flags oil project delays, sees recovery next year: Minister

The Iraqi oil minister said on Tuesday that oil projects are being delayed in his country because of the OPEC+ production cuts, but he expects an oil price recovery from the second quarter of next year to help the sector.
 

"I think quarter two, 2021 will be more attractive to every aspect of our business," Ihsan Abdul Jabbar told the CWC Iraq Petroleum conference.
 

"There are some internal challenges in Iraq due to the OPEC cut... There are some delays to our projects," he said at the conference, which was held virtually.
 

He said he expects Iraq will raise its