Iraq seeks enhanced energy ties with Iran

July 30, 2017 - 19:12

TEHRAN – Iraq is seeking to enhance relations with Iran in oil and gas industries, Oil Minister Jabar al-Luaibi said on Sunday.

On Sunday, the Iraqi minister held a meeting in Tehran with his Iranian counterpart Bijan Namdar Zanganeh, discussing several issues of common interest including oil and gas fields that border both countries and cooperation on gas, energy, investment, infrastructure, and training.
The two sides exchanged views on bilateral ties, especially transfer of oil from Iraq’s Kirkuk to Iranian refineries, Shana reported.
Production oil from joint oilfields was also a topic of discussion, al-Luaibi said on the sidelines of the meeting. 
As he said, Iran and Iraq will sign an agreement in the current year or the next year on producing oil from two joint fields.
The ministers also discussed latest developments in the global oil market with an emphasis on boosting cooperation in the Organization of Petroleum Exporting Countries (OPEC). 
Zanganeh, for his part, pointed out that gas exports from Iran to Iraq will be started over the next few months.


MG

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