An Iraqi ministerial meeting discusses plans to export oil and maximize its revenues

Economy
  • 9-09-2021, 17:53
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    Baghdad - INA

    The National Oil Company held, on Thursday, its first meeting to discuss the five - year plan for the sector explorations and plans to export oil and maximize revenue.

    A statement by the Ministry of Oil, received by the Iraqi News Agency (INA), said that "the National Oil Company held its first meeting to discuss and discuss the topics on the meeting's agenda, and the five-year plan for the oil exploration sector was discussed and reviewed, which aims to maintain and enhance the national production of oil and gas."

    According to the statement, this meeting also discussed the interim and future production and export plans, according to a strategic vision commensurate with the needs of the interim oil market and future expectations, in coordination with the Iraqi Oil Marketing Company "SOMO", in a manner that guarantees the highest economic return for Iraq.

    The statement added that the meeting was held in the presence of Oil Minister Ihsan Abdul-Jabbar, along with a number of officials, directors of companies and relevant departments, as well as officials of the Oil Marketing Company "SOMO".