Iran’s Oil Minister visits Baghdad
Iraq and Iran Oil Ministers signing the MoU. Photo: PMO
Baghdad (IraqiNews.com) – Javad Auchi, the Iranian Oil Minister, was welcomed by Muhammad Al-Sudani, the Prime Minister of Iraq, and Hayan Abdul Ghani, the Oil Minister for Iraq, in Baghdad.
The oil ministries of Iraq and Iran signed a memorandum of agreement under Al-Sudani’s sponsorship. The Oil Ministers of Iraq and Iran both signed it.
The two talked about measures to improve relations between Iran and Iraq for the benefit of their respective populations during their meeting. Additionally, they talked about how to improve the two nations’ capacity to deal with the difficulties of the world economy.
The memorandum outlined generic features of collaboration to invest in the shared oil reserves on the borders of the two nations, as well as cooperation in the extraction, processing, and technology exchanges of associated gas and crude oil.
Strengthening collaboration between Iraq and Iran in the petrochemical industry and in the area of educating and certifying personnel working in the oil and gas sectors were also mentioned in the agreement signed by the two parties.