Iraq, Saudi Keen on Future Energy Projects

Iraq, Saudi Keen on Future Energy Projects

Iraq’s Minister of Oil, Ihssan Abdul-Jabar, confirmed that the Kingdom of Saudi Arabia and Iraq are keen to strengthen energy ties with regard to gas and electricity projects, according to Shafaq.

This announcement comes in the wake of an Iraqi-Saudi meeting which was held in the capital, Baghdad.

Abdul-Jabbar said in a statement, “this meeting comes in continuity with previous meetings, through which we aim to activate memoranda of understanding, as well as enhance it with new projects in the fields of electricity and petrochemical industry and investing in gas.”

What’s more, there was an overwhelming sense of reciprocity on the Saudi side, with Saudi Energy Minister Abdulaziz bin Salman stressing, “the Kingdom’s keenness to develop and sustain relations with the brothers in Iraq and work to accelerate the implementation of joint projects in all fields.”

The opening of dialogue with Saudi Arabia is not solely restricted to the realms of oil and gas, and there were also officials from the ministries of industry, environment, and several Saudi companies.

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