Iraq and Egypt agree in principle for closer cooperation in areas of oil and gas

 

History of edits:: 2016/1/15 17:2939 visits readable
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an Egyptian delegation in the field of energy for an agreement in principle with the Iraqi side for closer cooperation in areas of oil and gas announced.
And Search delegation, headed by Chief Executive Officer of the Egyptian General Authority for Petroleum Mohamed Ahmed al-Masri, during his visit to Baghdad, which concluded on Friday, with Iraqi officials in the oil ministry, ways of enhancing joint bilateral cooperation in the field of oil industries, export, storage, refining and gas.
The head of the Egyptian Petroleum Corporation, In a press statement, prepared for the oil and gas to work in Iraq companies, and cooperation in the field of oil and gas industry and marketing, so as to promote the common interests of the two countries.
President of the company said that the visit aimed at closer relations between the ministries of oil and oil of Iraq, and discussed the Iraqi side of the storage, refining and drilling rigs, engineering design needs and construction, through my company [Enppi] and [Petrojet] which work in Iraq, and further intensify their presence in accordance with the needs of the Baghdad government.
For his part, Undersecretary of the Ministry of Oil for Iraqi gas Hamid Younis pointed out that the talks included the prospects of joint cooperation in accordance with the technical potential of the Egyptian side in the areas of drilling, laying of gas networks, pipes and training of personnel in the Iraqi oil sector in the light of what is owned by Egypt of experience in the petroleum industry.
The Egyptian that “bilateral cooperation will benefit both sides, pointing out that we could do refines Basra and we get the products that we lack , and they have access to the products they import now after the refining process, in addition to the storage of crude oil, and in this area there are company Sumed], which has great potential in this regard.
The head of the Egyptian company, we agreed with the Iraqi side on the formation of sub-committees, what we to him by an agreement in principle to reach a full agreement we expect to happen soon, and we are working on the processing of a memorandum of understanding includes all the activities that were under discussion, including employment training and technical personnel and leadership.
Al-Masri pointed out that the talks included the subject of Gas Delivery and benefit from the Egyptian experience in this regard, in addition to benefit from the Egyptian experience in the gas network connecting operation, expressing Egypt’s readiness to transfer all the possibilities available to the Iraqi side with both sides take advantage of the large infrastructure for Egypt in storage, refining, including documents the joint Arab relations.
The willingness of the Egyptian companies to cooperate with the Iraqi side As required by the engineering design or implementation, operation, or storage or refining in the areas of oil and gas, pointing out that the Iraqi delegation would visit Cairo soon after the signing of a memorandum of understanding between the two sides to determine all the details.
The Egyptian delegation arrived in Baghdad last Wednesday, under the chairmanship of Chief Executive Officer of the Egyptian General Authority Petroleum, and met with Iraq’s ambassador to Egypt Ahmed Darwish and Egyptian delegations at the headquarters of the Iraqi embassy in the Green Zone, and hosted a dinner last night to honor the visiting delegation, in the presence of the Iraqi delegation, headed by the Undersecretary of the Ministry of Oil Hamid Eonc.anthy

 http://www.alliraqnews.com/modules/news/article.php?storyid=27224
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Sistani’s representative calls for the use of the Iraqi government and international expertise to address the financial crisis

 

By admin-mi The 15/01/2016 01:11



Invited the representative of the religious authority in Karbala, Abdul Mahdi al-Karbalai, on Friday, the Iraqi government to follow well thought out scientific plans and the use of Iraqi and international expertise to address the current financial crisis, and warned of “shocks” social serious in the case of relying on “improvised decisions”, as he emphasized that attention file security “does not justify the” lack of seriousness and attention to the development of an appropriate economic policy.

Karbalai said during Friday prayers in the threshold Husseini said that “Iraq is a financial and economic situation difficult as a result of the continued decline in oil prices, which represents most of the financial and incoming revenues to Iraq’s annual budget, particularly the salaries of employees and retirees.”

He Karbalai, that “exceeded this stage difficult minimal losses can only togetherness of everyone, cooperation and follow well thought out scientific plans established by the people of expertise and competence,” warning of “improvised decisions that could be a serious social upheavals occur and threaten the basic components of living of the citizen.”

The representative of al-Sistani, that “the government security file and pay attention Daash risk does not justify the lack of seriousness and adequate attention by the relevant authorities establish appropriate economic policy”, calling for “the use of Iraqi and international expertise to address the current crisis properly.

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