Iran’s Oil Minister Javad Owji and his Iraqi counterpart Hayan Abdel-Ghani signed a memorandum of understanding (MoU) to cooperate in oil, gas, and petrochemical projects.

The MoU was signed in the presence of Mohammed Shia al-Sudani, Iraq’s prime minister, who brought forward proposals to develop joint fields, train human resources, and implement petrochemical projects.

Owji and Sudani emphasized the expansion of bilateral cooperation in the energy sector, urging the Iran-Iraq Joint Working Group to follow up on the implementation of the recent memorandum by holding regular sessions.