Iraq and Iran agree to form joint committees to develop the oil and energy sector

Baghdad – IA
Today, Wednesday, the Ministry of Oil announced an agreement with the Iranian side to form joint committees to develop the oil and energy sector.

A statement from the Ministry of Oil received by the (INA) said: “Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani, during the joint meeting between the Ministries of Oil in Iraq and Iran, stressed Iraq’s keenness to strengthen bilateral relations with the Islamic Republic of Iran in the field of oil, energy and work.” To expand and develop opportunities and horizons for bilateral cooperation between the two neighboring countries.”
The minister added, according to the statement, “The meeting emphasized the depth of the historical relations between the two neighboring countries, and the influential role of Iraq and Iran in OPEC and in global markets, as they stand at the forefront of oil and gas producing countries.”
The Minister of Oil referred to “the agreement with his Iranian counterpart, Minister Jawad Oji, to form specialized committees to enhance and expand opportunities for joint cooperation, including a committee to develop the common border fields between the two sides, in accordance with international contexts and norms that guarantee the rights of each party, and a committee for joint cooperation in the field of gas investment and assembly.” And the petrochemical and renewable energy industries, the refinery rehabilitation and development committee, and the joint training and development committee, in addition to work and cooperation in the fields of oil marketing, drilling, supply of pipes and reserve materials, oil exploration, and others.”
The statement continued, “The joint meeting also included the signing of a memorandum for joint cooperation in the field of training and development, which was signed by the Undersecretary for Extraction Affairs, Bassem Muhammad Khudair, with his Iranian counterpart.”
Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani arrived in Iran yesterday, Tuesday, on an official visit during which he will meet with a number of officials in the government and the Iranian Ministry of Oil. The delegation included the Undersecretary for Extraction Affairs, the Director General of the Basra Oil Company, and the Director General of the Maysan Oil Company. Director General of the Iraqi Oil Marketing Company, Director General of the Oil Projects Company, Director General of the Department of Studies, Planning and Follow-up, Director of the Research and Development Center, and Director of the Minister’s Office.

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