Economy
Iraq
USA
energy
2021-01-14 16:23
A- A A +
Shafaq News / The governments of Iraq and the United States of America confirmed, on Thursday, their joint cooperation in the fields of oil production and export, natural gas, electricity and clean energy in order for Iraq to become independent in the field of energy.
This came during the third meeting of the joint coordination committee on energy, according to a statement distributed by the US embassy in Iraq.
“Both sides are looking forward to energy independence in Iraq and to the day when all Iraqis will have twenty-four-hour stable electricity from a world-class electrical infrastructure,” the statement said.
Both sides also reaffirmed the importance of partnerships with American companies, as the two sides intend to work together to ensure the durability of the effectiveness and benefit of these partnerships for all parties.
The meeting was chaired by representatives of the Iraqi government with the principal deputy assistant to the US Secretary of Energy Matthew Zeiss as well as representatives of the United States of America in Iraq, Matthew Toller, as well as representatives of the Kurdistan Regional Government.
The two sides stressed, during the meeting, the importance of Iraq’s future independence in the field of energy and its contribution to maximizing its economic prosperity.
The two sides also referred to the valuable role that Iraq is currently playing in providing oil resources to the global markets and its ability to be a regional leader in the production of natural gas.
Delegations also discussed the importance of supporting Iraq’s efforts to harness its large natural gas resources. They reviewed Iraq’s work processes related to the seizure of burning natural gas in order to reduce its dependence on imports while contributing to improving environmental quality.
Delegations also discussed developments related to Iraq’s infrastructure for generating and transmitting electricity and how it could better integrate with its regional neighbors.
For its part, the United States expressed its continuous support for the energy sector in Iraq and looks forward to holding workshops and technical support related to the success of previous programs. The United States has encouraged Iraq to work with the International Energy Agency, pointing to the resources available to assist the agency’s work in Iraq, according to the statement.
It is noteworthy that the joint coordination committee on energy emerged from the strategic framework agreement between Iraq and the United States in 2008 to strengthen the strategic partnership between the two countries regarding a set of initiatives.
The Republic of Iraq and the United States of America committed themselves to holding the next meeting of the Joint Coordination Committee on Energy in Washington, DC, at a date to be decided later, according to the statement.
Search 4 Dinar 