{"id":2059,"date":"2026-10-02T17:03:48","date_gmt":"2026-10-02T12:03:48","guid":{"rendered":"https:\/\/ipp-news.com\/?p=2059"},"modified":"2026-10-02T17:03:48","modified_gmt":"2026-10-02T12:03:48","slug":"opec-delays-oil-capacity-review-after-iran-war-disrupts-expansion-plans-sources-say","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=2059","title":{"rendered":"OPEC+ delays oil capacity review after Iran war disrupts expansion plans, sources say"},"content":{"rendered":"
\n

An OPEC+ review to help to determine members\u2019 2027 oil output quotas has been delayed after the US-Israeli war on Iran disrupted \u200bprojects to expand capacity across the Middle East, throwing estimates of \u200cfuture production potential into uncertainty, said two sources close to the matter.<\/strong><\/p>\n

OPEC+, which comprises the Organisation of the Petroleum Exporting Countries plus Russia and other allies, had ordered \u200bits production capacity review for all members in late 2025 before \u200bsetting 2027 quotas, with completion due by the end of \u2060September 2026.<\/p>\n

The deadline has slipped, the sources said, with one saying the \u200breview is now expected to be completed by mid-November.<\/p>\n

The OPEC producer group did \u200bnot respond immediately to a request for comment.<\/p>\n

<\/a>Production capacity estimates in flux<\/h3>\n

The Middle East conflict has delayed projects that were due to boost production capacity in some OPEC+ countries, \u200bcomplicating estimates of how much oil they will be capable of pumping. \u200bNot all countries have submitted the data required for the review, the sources said without \u200cnaming \u2060the countries.<\/p>\n

The uncertainty complicates a politically sensitive exercise for OPEC+, with production capacity estimates likely to influence how much individual members are allowed to pump.<\/p>\n

The review aims to provide an updated independent assessment of how much oil each \u200bmember can produce \u200bsustainably, a key \u2060metric used in negotiations over output targets. Delays to planned capacity additions could affect assumptions underpinning those assessments and, \u200bpotentially, members\u2019 future quotas.<\/p>\n

Countries whose assessed capacity is lower \u200bcould face \u2060pressure for lower quotas, while producers that have expanded capacity might seek higher allocations.<\/p>\n

The United Arab Emirates, which had pushed for a higher quota from OPEC+ \u2060to reflect \u200brising production capacity, left the alliance in \u200bMay.<\/p>\n

Iraq is also seeking a higher quota and has considered leaving OPEC, sources told Reuters in \u200bJune.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

An OPEC+ review to help to determine members\u2019 2027 oil output quotas has been delayed after the US-Israeli war on Iran disrupted \u200bprojects to expand capacity across the Middle East, throwing estimates of \u200cfuture production potential into uncertainty, said two sources close to the matter. OPEC+, which comprises the Organisation of the Petroleum Exporting Countries plus Russia and other allies, had ordered \u200bits production capacity review for all members in late 2025 before \u200bsetting 2027 quotas, with completion due by the end of \u2060September 2026. The deadline has slipped, the…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-2059","post","type-post","status-publish","format-standard","hentry","category-english"],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/2059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2059"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/2059\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}