Iraq Leader Says He's Meeting With Firms Amid Gas Push

Iraq Leader Says He's Meeting With Firms Amid Gas Push

Assessment

Interactive Video

Business, Architecture, Engineering

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses OPEC's oil strategies, focusing on Saudi Arabia's oil cuts and Iraq's commitment to OPEC agreements. It addresses concerns about oil prices reaching $100 per barrel and Iraq's plans to direct oil production towards refineries outside the country. The video also covers Iraq's ambitious plans for oil and gas production, including investment in natural gas and becoming an active player in the gas market. The importance of maintaining a balance between producers and consumers is emphasized throughout.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Iraq's stance on the agreements with OPEC?

Iraq is committed to OPEC agreements.

Iraq is neutral about OPEC agreements.

Iraq plans to leave OPEC.

Iraq is not committed to OPEC agreements.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current concern regarding oil prices?

Oil prices are decreasing rapidly.

Oil prices might reach $100 a barrel.

Oil prices are stable at $70.

Oil prices are expected to drop below $50.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries are mentioned as being committed to voluntary production cuts?

Saudi Arabia, China, and Iraq

Bulgaria, China, and Malaysia

Saudi Arabia, Russia, and Iraq

Russia, China, and Malaysia

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Iraq's plan for its oil and gas production?

To optimize and increase production

To maintain current production levels

To decrease production significantly

To stop production entirely

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does Iraq aim to play in the gas market?

A non-participant

A minor participant

An active player

A passive observer