BAGHDAD, Jan 19 (Reuters) - Iraq wants foreign oil companiesto cut spending as the nation seeks to narrow a budget gapcaused by lower crude prices, oil minister Adel Abdul Mahdi saidin a statement on Tuesday.
"The ministry is discussing reducing financial spending byforeign companies," he told a meeting of the oil fields' jointmanagement committees in Baghdad.
Iraq, OPEC's second-largest producer, has service agreementswith companies including BP, Shell, Eni, Exxon Mobil and Lukoilto boost output at its ageing fields. (Reporting by Ahmed Rasheed; Writing by Maher Chmaytelli;Editing by Mark Potter)