Dec 27, 2023, 2:30 PM
Journalist ID: 1847
News ID: 85335432
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Iran, Iraq ink oil, gas MoUs

Dec 27, 2023, 2:30 PM
News ID: 85335432
Iran, Iraq ink oil, gas MoUs

Tehran, IRNA – Tehran and Baghdad have signed several memorandums of understanding to expand cooperation in the oil, gas, and petrochemical sectors.

The MoUs were signed by Iran’s Oil Minister Javad Owji and his Iraqi counterpart Hayan Abdel-Ghani in Tehran on Wednesday.

The agreements aim to develop joint oil and gas cooperation ties between the two neighboring countries, particularly Iran’s Khorramshahr oil field and Iraq’s Sindbad oilfield near Basra.

The MoUs also include the improvement of short-term and medium-term educational cooperation for Iraqi oil and gas experts and technicians, including granting scholarships to a number of Iraqi students.

Additionally, the ministries of the two countries have agreed to expand the export of technical engineering services and goods and equipment related to the oil and gas industry to Iraq and pursue negotiations related to the participation of capable Iranian companies in the improvement projects of Iraqi refineries.

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