Oil Minister: Iraq welcomes Saudi companies

Baghdad-INA  
Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani confirmed today, Wednesday, that Iraq welcomes Saudi companies.
 
 
A statement by the ministry, reported by the Iraqi News Agency, (INA), said, "The Minister of Oil, Hayan Abdul-Ghani, received the Assistant Minister of Energy for Oil and Gas Affairs in the Kingdom of Saudi Arabia, Muhammad bin Abdul Rahman Al-Brahim and the accompanying delegation, which included a number of officials and advisors in the Ministry of Energy and Saudi Aramco.”
 
Abdul-Ghani welcomed, according to the statement, "cooperation, partnership and investment with the brothers in the Kingdom to develop the oil and energy sector," noting that "this meeting comes as a continuation of the results of the visit of Prime Minister Muhammad Shia’ al-Sudani to the Kingdom, and the desire of the two countries to develop bilateral relations, in addition to speeding up transforming joint projects into actual practical implementation, in a way that serves the common interests of 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, the Minister of Energy for Oil and Gas Affairs in the Kingdom conveyed "the greetings of His Highness Prince Abdulaziz bin Salman and his desire to establish a number of bilateral cooperation projects between the two brotherly countries in oil and energy sector."
Al-Brahim added, "The delegation held talks with officials in the Ministry of Oil in the Republic of Iraq, and a number of investment opportunities in gas and oil sector, exploratory sites, refinement, etc. were reviewed," expressing "hope to reach an agreement on a number of projects in the near future."