Shamkhani Mr. Adel Abdul-Mahdi: lower oil prices lead to focus on reducing dependence on oil sales

by **wciappetta** Wed 14 Jan 2015, 5:40 am

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Shamkhani Mr. Adel Abdul-Mahdi: lower oil prices lead to focus on reducing dependence on oil sales

by wciappetta Wed 14 Jan 2015, 5:40 am

Shamkhani Mr. Adel Abdul-Mahdi: lower oil prices lead to focus on reducing dependence on oil sales

Shamkhani Mr. Adel Abdul-Mahdi: lower oil prices lead to focus on reducing dependence on oil sales Section:
NewsJanuary 13, 2015 17:55
Tweet Search Oil Minister Adel Abdul Mahdi, who is currently visiting Iran with the Secretary of the Supreme Council for National Security Ali Shamkhani bilateral relations and bilateral cooperation in the field of energy between the two countries.

It was reported from Tehran that "Abdul-Mahdi presented during the meeting, a presentation on the latest developments on the Iraqi arena and the achievements of the Iraqi people and the army and the popular crowd in front of the terrorist organization Daash."

The Minister of Oil, "Iraq's readiness for closer cooperation with Iran, and expressed hope that cooperation between the two countries will contribute to cover the needs of the market for oil and reaching the real price."

He said Abdul-Mahdi, the desire to take advantage of Iran's expertise in the reconstruction of Iraq, especially the sectors involved in oil and gas and petrochemicals. "

For his part, Secretary of the Supreme Council for National Security Ali Shamkhani that "lower oil prices would lead to the concentration of producers more and more on modifying the economic mechanisms and reduce dependence on the sale of oil," adding, "Cooperation between Iran and Iraq to take advantage of the common sources of oil and gas a model for other countries ".

Shamkhani said "there was great potential for bilateral cooperation and multi-faceted in economic areas and its impact in improving the political and security situation in the region, stressing that take innovative approaches are based on the internal capacity of the countries in this sector."

He said Shamkhani "drop in oil prices that would result in the producing countries, for more emphasis on modifying the economic mechanisms and reduce dependence on the sale of oil," he said, adding that his country "is working and building on the resistor to fortify the economy strategy before the ban unjust measures and move towards prosperity and economic capacities based on Cooperation with neighboring countries and the removal of the effect of oil in political positions. "

On the other hand, the Iranian official pointed out that "the destruction of the economic infrastructure of the countries in the region, including Iraq and Syria by Alarhaepien hold cope in preventing economic development in Muslim countries path."

He Shamkhani that "the cooperation between Iran and Iraq in the field of investment common sources can be a model for other countries" and expressed "hope that contribute to the agreements signed between the two countries, officials in promoting bilateral cooperation in the field of scraping and Cree Arvand River Shatt al-Arab] extending the railway network between them and the expansion of transit goods and joint investment in oil, gas and petrochemical industry as well as cooperation in the field of maritime navigation. "

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