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[size=36]Oil: The discussions with the Saudi side on energy investment did not reach a final agreement[/size]
political| 09:32 - 05/25/2023
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Baghdad - Mawazine News
Today, Thursday, the Ministry of Oil confirmed that the talks with the Saudi side on energy investment did not reach a final agreement.
The ministry said in a statement, a copy of which was received by Mawazine News: "The discussions that took place between the Ministry of Oil and the Saudi Ministry of Energy included inviting Saudi companies to invest in the oil and gas sector, including Aramco Investment Company and to participate in the development of the Crutch oil field in Anbar Governorate."
The ministry expressed its hope to "reach an agreement that enhances prospects for bilateral cooperation between the two brotherly countries, in a way that serves common interests," noting that "Aramco is studying cooperation mechanisms in this context."
The ministry confirmed, "It will announce the terms and mechanisms of the agreement in the event that a final agreement is reached."
Today, Thursday, the work of the Iraqi-Saudi Coordinating Council was held in the Saudi city of Jeddah, where the Council signed several memorandums of understanding.
The ministry said in a statement, a copy of which was received by Mawazine News: "The discussions that took place between the Ministry of Oil and the Saudi Ministry of Energy included inviting Saudi companies to invest in the oil and gas sector, including Aramco Investment Company and to participate in the development of the Crutch oil field in Anbar Governorate."
The ministry expressed its hope to "reach an agreement that enhances prospects for bilateral cooperation between the two brotherly countries, in a way that serves common interests," noting that "Aramco is studying cooperation mechanisms in this context."
The ministry confirmed, "It will announce the terms and mechanisms of the agreement in the event that a final agreement is reached."
Today, Thursday, the work of the Iraqi-Saudi Coordinating Council was held in the Saudi city of Jeddah, where the Council signed several memorandums of understanding.
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