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Saudi companies confirm their desire to invest gas in two Iraqi fields in Anbar and Basra
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Saudi companies confirmed their desire to hold investment partnerships in free and associated gas investment projects, especially in the Akkas fields in Anbar and Artawi in Basra.
The Minister of Oil, Ihsan Abdul-Jabbar, stressed, according to a statement of the Ministry of Oil received by "Al-Iqtisad News", "to strengthen bilateral relations between Iraq and Saudi Arabia and to expand horizons of cooperation between the two countries in all fields, including energy, petrochemicals, gas investment and clean energy."
This came during an extensive meeting held by Oil Minister Ihsan Abdul-Jabbar Ismail, via television, with Saudi Energy Minister Prince Abdulaziz bin Salman, in the presence of Electricity Minister Majid Mahdi, Investment Authority Chairman Suha Al-Najjar and a number of officials.
Abdul-Jabbar said, "This meeting comes within the framework of the two brotherly countries' desire to cooperate in the implementation of a number of investment projects, as the desire of Saudi companies to hold investment partnerships in free and associated gas investment projects, especially in the Akkas fields in Anbar and Artawi in Basra, and the petrochemical industries, including the project of Nebras.
Saudi Energy Minister Prince Abdulaziz bin Salman expressed the Kingdom's desire to achieve partnership, stressing the importance of bilateral cooperation, stressing that these meetings aim to accelerate the implementation of memoranda of understanding that were signed between the two brotherly countries during the recent period.
On the Saudi side, officials from Aramco, SABIC and ECO Power were present.
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