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Wed. PM TNT News Articles from Iraq 7-19-23

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TNT

Tishwash:
Iraq is preparing a memorandum of understanding with Venezuela in the field of energy and gas and sends its foreign minister to Caracas

The Ministry of Foreign Affairs announced, on Wednesday, that the Iraqi government will sign a memorandum of understanding with Venezuela in the field of energy and gas during the current year.

A statement of the ministry received by Shafaq News agency stated, “Ambassador Haider Al-Barrak, head of the Department of America, and his accompanying delegation, met Juan Santana, the Venezuelan Deputy Minister of Oil, yesterday, Tuesday, and during the meeting, they reviewed the distinguished relations in the field of energy and emphasized the need for high-level coordination between the two countries. In OPEC and OPEC Plus.

The statement referred to “the preparation of a memorandum of understanding in the field of energy and gas between the two countries, which will be signed during the visit of Deputy Prime Minister and Foreign Minister Fouad Hussein to Venezuela this year.”

On Sunday, July 16, Minister of Electricity Ziyad Ali announced that he would go to Qatar and Turkmenistan to supply them with gas to operate power plants instead of Iranian gas ink

Iraq welcomes cooperation and investment with Saudi Arabia to develop the energy sector

Urgent

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▪️ While receiving a high-ranking delegation from the Saudi Ministry of Energy
▪️ Deputy Prime Minister and Minister of Oil:
confirms his welcome to cooperation, partnership and investment with brothers in the Kingdom to develop the oil and energy sector

The Deputy Prime Minister for Energy Affairs and Minister of Oil affirmed the keenness of the government and the ministry to enhance
opportunities for bilateral cooperation between the Republic of Iraq and the Kingdom of Saudi Arabia in all fields, including the oil and energy sector.

This came during his meeting with Mr. Mohammed bin Abdul Rahman Al-Ibrahim, Assistant Minister of Energy for Oil and Gas Affairs in the Kingdom, and the accompanying delegation, which included a number of officials and advisors in the Ministry of Energy and Saudi Aramco.

Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani, said that this meeting comes as a continuation of the results of the visit of Prime Minister Muhammad Shayaa Al-Sudani to the Kingdom, and the desire of the two countries to develop bilateral relations and accelerate the transfer of joint projects to actual practical implementation, in a manner that serves common interests for the two brotherly peoples. 

Abdul-Ghani referred to the distinguished relations between Iraq and the Kingdom, which witnessed great development,and Iraq’s welcome to Saudi companies to invest and participate in the development of oil and gas fields, refining, infrastructure and others.

For his part, Mr. Mohammed bin Abdul Rahman Al-Brahim, Assistant Minister of Energy for Oil and Gas Affairs in the Kingdom, conveyed the greetings of the Minister of Energy, His Highness Prince Abdulaziz bin Salman, and his desire to establish a number of bilateral cooperation projects between the two brotherly countries in the oil and energy sector.

Al-Brahim added that the delegation held talks with officials In the Ministry of Oil of the Republic of Iraq, a number of investment opportunities were reviewed in the oil and gas sector, exploratory sites, liquidation, etc., expressing his hope to reach an agreement on a number of projects in the near future.

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While the Undersecretary for Distribution Affairs, Mr. Ali Maarej, said that the delegation of the Ministry of Energy and Saudi Aramco in the Kingdom of Saudi Arabia had seen the investment map in the oil and gas sector, where the head of the delegation expressed his country’s desire to participate and enter into a number of investment projects in the oil and gas sector
in Iraq, and they have agreed to continue the dialogue during the next few days.  link

Source: Dinar Recaps

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