Iraq continues to advance its energy cooperation efforts with neighboring Iran through strategic meetings and newly signed agreements. Minister of Oil Hayan Abdul Ghani met with Iran’s Minister of Oil, Mohsen Paknejad, to enhance bilateral energy ties and boost regional coordination.
To begin with, both leaders discussed practical ways to strengthen long-term energy collaboration. They explored new methods to improve oil and gas development. Additionally, they signed memorandums of understanding (MoUs) that focus on technical planning and joint implementation.
These MoUs promote knowledge sharing, engineering support, and joint benefits in the petroleum sector. They clearly reinforce Iraq and Iran’s ongoing energy cooperation efforts, aligning with each country’s broader goals for energy advancement and economic stability.
Moreover, Minister Abdul Ghani outlined Iraq’s investments in gas and its pursuit of self-sufficiency in oil derivatives. He emphasized that strong energy partnership with Iran plays a critical role in supporting these national objectives.
Meanwhile, Minister Bakhtiar expressed appreciation for Iraq’s welcome and stressed the cultural and economic bonds between the two nations. He pointed out that continued oil and gas collaboration will benefit both economies and ensure long-term regional growth.
Furthermore, the ministers underlined the importance of cooperation in refining, exploration, and technical education. These areas will not only strengthen domestic capabilities but also drive forward the countries’ energy cooperation efforts on a broader scale.
As the discussions progressed, both sides agreed to form dedicated teams to follow up on the agreements. These expert groups will help speed up progress and maintain efficiency across all areas of the energy partnership.
Additionally, Iraq and Iran will coordinate positions in international energy events. Their goal is to protect shared interests while building global credibility. Together, their energy cooperation efforts will expand influence and attract future investment.
In conclusion, both Iraqi and Iranian officials confirmed their strong commitment to growing bilateral energy ties. With new projects underway and more planned, the two countries look ahead to deeper unity and long-lasting energy cooperation efforts.