News ID: 585
Date: Saturday 2 March 2024 - 22:47

The integrated development of joint fields and gas and product trade between Iran and Iraq was investigated

The integrated development of joint fields and gas and product trade between Iran and Iraq was investigated
Iran's oil ministers and Araghti Deidari discussed increasing cooperation in the field of integrated development of joint fields, trade of gas and oil products, payment methods and infrastructure development for product trade.

According to Energy Press, Javad Oji and Hayan Abdul Ghani Abdul Zahra discussed and exchanged opinions on the oil relations of the two countries on the sidelines of the extraordinary ministerial meeting for the 7th meeting of the heads of the Gas Exporting Countries (GECF) in Algeria.
In this meeting, the issue of gas trade, its payment methods, oil products trade and completing the infrastructure of the two countries for the development of product trade were also discussed.
The integrated development of the joint fields was also one of the axes of the bilateral negotiations between the oil ministers of the two countries, and in the end it was decided that one or two joint fields with a smaller reserve volume would be selected for the beginning and gradually the integrated development of the larger and main joint fields of the two countries would be put on the agenda.

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