(NNA) / The Minister of Energy announced the signing of 18 memorandums of understanding between Iraq and Saudi Arabia on the economic side, stressing the participation of 22 Saudi companies in the Iraq oil and gas exhibition in Basra.
“We agreed to form a high-level committee with the Iraqi side to prepare a plan for commercial cooperation,” Khaled al-Faleh told a news conference with Iraqi Oil Minister Jabbar Luaibi and attended the meeting. “We urged Saudi companies to work in Iraq and in Basra Especially “, stressing the existence of” serious in economic and commercial cooperation with Iraq. “
“Cooperation with Iraq is a strategic direction with great interest and support from Saudi King Salman bin Abdul Aziz,” Faleh said.
He added, “There are practical steps during the past two months to achieve a strong start for cooperation between the two countries,” noting that “Saudi companies were urged to accelerate access to the Iraqi market and invest in it.”
And started in the province of Basra, on Monday, the activities of the International Oil and Gas Conference in its seventh edition in the presence of Saudi Energy Minister Khaled Al-Falih with the participation of dozens of companies, Iraqi, Arab and foreign