Iraq and Turkmenistan agree in principle on the import of gas

Economy
  • 24-08-2023, 12:53
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    INA-  BAGHDAD

    The undersecretary of the Ministry of oil for gas affairs Ezzat saber announced on Thursday the preliminary agreement with the Republic of Turkmenistan on the import of gas.

    Saber said in a statement received by the Iraqi News Agency (INA): "a high government delegation held meetings with officials in the gas sector in the Republic of Turkmenistan," indicating that"the delegation included the undersecretary of the Ministry of electricity for production Adel Karim, consultant Abdul Hamza Hadi, director general of the studies and planning department at the Ministry of oil Nasir Aziz and a number of officials.

    He added that "it was agreed in principle to import quantities of gas to meet part of the needs of electric power plants, according to a memorandum of cooperation being prepared for this purpose," expecting "to sign the memorandum before the end of this year, which will include the proposed quantities and mechanisms to be adopted between the two countries.

    "The importance of this agreement, which represents an advanced step to expand the horizons of cooperation with gas-producing countries, including Turkmenistan, which is one of the most important gas-producing countries in the region and the world," he noted.