Iranian Firms Ready to Join Iraqi Oil Projects

Date: 17 December 2022 - 21:54

News ID: ۱۱۰۲۶۵

TEHRAN -- The Iraqi Ministry of Oil has issued a circular to all Iraqi companies announcing the readiness of Iranian specialized companies to participate in Iraq’s oil and gas projects.
According to the representative office of the Ministry of Petroleum of the Islamic Republic of Iran in Iraq, the pursuit of the special representative of the Iranian Ministry of Petroleum for Iraqi Affairs in order to strengthen the relationship between the two countries in the field of energy led to the formation of a joint working group between the two countries’ oil ministries, which is responsible for investigating the joint projects and providing recommendations to the ministers of both countries in order to take the necessary decisions and measures.
According to this report, important issues were put on the agenda of this joint working group, one of which being the presence of Iranian specialized companies in Iraq’s oil and gas projects.
Likewise and as a result of the follow-ups, the Iraqi Ministry of Oil, in correspondence to all its subordinate institutions, announced the readiness of Iranian companies to participate in Iraqi oil projects, and it was decided that this issue should be on the agenda in order to make decisions and think about the necessary measures.