Saudi energy minister coordinates in Baghdad position at the forthcoming OPEC meeting

Saudi energy minister coordinates in Baghdad position at the forthcoming OPEC meeting


 Baghdad / Zahraa Al-Jassem


Quick visit he made to Baghdad on the Saudi Energy Minister Khaled al - Faleh, did not include its agenda on important files on the level of relations between the two countries, as the Iraqi oil pipeline that passes in Saudi Arabia and the disruption of the work done after the invasion of Saddam Kuwait in 1990, or shared wells file , in the quest visit focused on one subject is to continue the application of OPEC 's plan to freeze production to keep prices from collapsing. Committee Parliamentary Energy has been hoping to invest the visit to discuss oil relations file and discuss the possibility of cooperation in the issue of the fact that the Saudi petrochemicals sophisticated, and Iraq on the eve of the construction industry in this area.
The Oil Ministry confirmed the words of its spokesman , Assem Jihad, the Saudi minister 's visit focused on discussing the extension of production cuts led by OPEC, and it coincided with the rise in oil prices , which jumped the time of preparation of this report about one dollar per barrel.
Committee Parliamentary Energy member Ibrahim Bahr al- Ulum said in an interview (range): We welcome the visit of Saudi energy minister for Iraq to coordinate in the field of OPEC and Iraq 's return to its normal position in the organization, where he played a leading role in the past six months , the issue of reducing production and urged members to commitment to this, that it aims to two important issues, the first coordination within OPEC as well as coordination with countries outside OPEC, especially since the next conference to be held in Vienna, which will be attended by countries outside OPEC is a good step, because we know that there was no coordination between the countries within OPEC and outside prices will remain floating, which It means that Iraq supports the talks on the overall agreement inside and outside OPEC.
Member States of the OPEC in Vienna and will meet on Thursday to discuss the extension of production cuts agreed upon last December, between OPEC and 11 countries abroad , including Russia, at a time when pressing Saudi Arabia to extend the cuts until March of the year 2018
and see Sea Science, who is also a former oil minister, the energy of the important files file now in activating relations between neighboring countries and Iraq, we also we have to leave the national energy security to regional energy security, in order to focus on the strategy for the use of energy Kmfirdh to activate the relations between the neighboring countries of Iraq , and in the priorities of these relationships are Our relationship with Saudi Arabia, particularly in the files as the oil pipeline , which was established in the eighties of the last century, which requires his research on this visit to re - activate the opening of this pipeline, Vtfielh is an important input to activate the Iraqi - Saudi relations must be in the priorities of the discussions of this visit.
And bridge saying: Another issue is that there are geological structures different between the two countries, and there could be a joint work for exploration by a third party or through joint cooperation between them to search for oil and gas deposits in these geological structures that need to form technical committees active in this area, which means that these topics are a priority for Iraq to resolve its problems with neighboring countries, and give priority to the activation of the common fields between him and his neighbors, theme for the other , which must be discussed is in the field of petrochemicals the fact that Saudi Arabia advanced in construction and Iraq on the threshold of building a petrochemical industry and the utilization of gas, Which can be opened prospects for cooperation between the two countries in this field.
Oil expert Hamza jeweler confirms his part in an interview (range), that is a priority visit to the Saudi energy minister to focus on the topic of production cut by the OPEC countries, ruling out at the same time discussing other topics Konpop oil between Iraq and Saudi Arabia , which acquired it after the invasion of Kuwait to return to Iraq, or the issue of common fields, and these topics are not in Ward Saudi Arabia, says the jeweler , who goes on to say: this may be present in the question of Iraq, but it will not be in Ward Saudi Arabia, since the latter now has a very important issue which huge bills must pay to the US administration through the p T years, and those bills more than five billion dollars, and the money should be compensated for oil. It expects the jeweler: to stand Saudi Arabia behind the question of raising oil prices , at least to the range of $ 60 a barrel , perhaps even more, and adds: Through our reading of events, Saudi Arabia before a very short period agreed with Russia to continue to freeze production according to OPEC 's decision, in the sense that the reduction expires at the end of the year current, and may even continue to the first half of next year, which means that the first concern now Saudi Arabia is an economic, and by providing the necessary funds to pay the huge bills that we referred to .
The visit of the Saudi Energy Minister Khaled al - Faleh, is the first by a senior Saudi official in the energy sector of Iraq in three decades. Al - Faleh met with his Iraqi counterpart , Abdul - Jabbar Allaibi and discussed strengthening bilateral relations and the decision of OPEC 's next in order to strengthen global prices and reduce the supply glut in the global oil market, according to the words of a spokesman for the Oil Ministry , Assem Jihad.


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