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Oil announces initial agreement with Iran on joint investment in two oil fields
economy From 2017-07-30 at 17:28 (Baghdad time)
Baghdad - Mawazine News
Oil Minister Jabbar Ali al-Luaibi announced on Sunday an agreement with the Islamic Republic of Iran on a joint agreement on the joint investment of the two oil fields of Khanh in the province of Diyala and Sindbad in the province of Basra.
"It was agreed in principle to jointly invest and develop the two Khana oilfields in Diyala and Sindbad province in the province of Basra," Al-Luaibi said in a statement received by Mawazine News, adding that he hoped to sign the final agreement in the first quarter of next year.
"It is agreed to form a joint committee to study the possibility of exporting quantities of crude oil from Kirkuk fields to a refinery in Iran via a pipeline network," he said. Are created for this purpose. "
For his part, said spokesman Assem Jihad, said that "the two countries agreed to discuss and study the possibility of the Iranian side to invest gas associated with the oil operations of some small oil fields in southern Iraq in order to produce quantities of dry gas and liquids and condensates to cover the local need," adding that " Including cooperation in the fields of joint investment between the oil companies of both countries in order to improve the performance of national companies, as well as continued cooperation in the fields of training and infrastructure and supply of gas to power plants.
Oil Minister Jabbar al-Luaibi visited the Iranian capital Tehran on Saturday to discuss means of joint investment in energy, including oil and gas. Spokesman Assem Jihad revealed a planned visit to the Saudi capital Riyadh next August after receiving an invitation from the minister. His Saudi counterpart
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economy From 2017-07-30 at 17:28 (Baghdad time)
Baghdad - Mawazine News
Oil Minister Jabbar Ali al-Luaibi announced on Sunday an agreement with the Islamic Republic of Iran on a joint agreement on the joint investment of the two oil fields of Khanh in the province of Diyala and Sindbad in the province of Basra.
"It was agreed in principle to jointly invest and develop the two Khana oilfields in Diyala and Sindbad province in the province of Basra," Al-Luaibi said in a statement received by Mawazine News, adding that he hoped to sign the final agreement in the first quarter of next year.
"It is agreed to form a joint committee to study the possibility of exporting quantities of crude oil from Kirkuk fields to a refinery in Iran via a pipeline network," he said. Are created for this purpose. "
For his part, said spokesman Assem Jihad, said that "the two countries agreed to discuss and study the possibility of the Iranian side to invest gas associated with the oil operations of some small oil fields in southern Iraq in order to produce quantities of dry gas and liquids and condensates to cover the local need," adding that " Including cooperation in the fields of joint investment between the oil companies of both countries in order to improve the performance of national companies, as well as continued cooperation in the fields of training and infrastructure and supply of gas to power plants.
Oil Minister Jabbar al-Luaibi visited the Iranian capital Tehran on Saturday to discuss means of joint investment in energy, including oil and gas. Spokesman Assem Jihad revealed a planned visit to the Saudi capital Riyadh next August after receiving an invitation from the minister. His Saudi counterpart
[You must be registered and logged in to see this link.]
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