Iraq and Saudi Arabia are discussing the development of gas fields and electrical interconnection


Live: Today, Sunday, the Iraqi-Saudi Committee for Energy and Manufacturing discussed the electrical connection and the development of gas fields during its meeting in Riyadh.

And the media office of the Ministry of Oil, in a statement received by the Iraqi News Agency (INA), quoted Oil Minister Ihsan Abdul-Jabbar, stressing the importance of cooperation and economic integration with the Kingdom of Saudi Arabia, especially in the oil, energy and manufacturing sectors.

Ismail added, according to the statement: “Bilateral relations are witnessing a great development in all fields, and we have seen the keenness of the brothers in the desire to expedite the implementation of the axes that are agreed upon in the energy and industry sectors within the program of the Iraqi-Saudi Committee.”

He pointed out that one of the most prominent topics that were addressed in the committee’s agenda was discussing the possibility of participating and investing in developing a number of fields with gaseous hydrocarbon compositions, and contributing to the Nibras Petrochemical Industries Project, the Gulf Electricity Interconnection Project, and a study of the establishment of industrial cities, and others. The meeting came out with recommendations Emphasizes the speedy implementation of these projects.

Meanwhile, Saudi Energy Minister Prince Abdulaziz bin Salman affirmed the Kingdom’s keenness to “enhance prospects for bilateral cooperation between the two countries, and to serve common interests,” noting “the desire of Saudi national companies to contribute to the implementation of a number of investment projects supporting the energy sector and manufacturing industries in Iraq.”

The Minister of Energy explained that “the committee has made significant strides in studying the technical, administrative, investment and executive aspects of the most important investment projects that have been included in the agenda.”

For his part, the Minister of Electricity, Adel Karim, stressed the importance of the Iraqi-Gulf electrical connection, and the ministry’s readiness to provide all technical capabilities to implement this project, which contributes to covering an important part of Iraq’s needs. the next few.”

Karim revealed that “the imminent signing of the agreement with the Saudi company “Aqua Power” to implement the investment project to generate (1,000) megawatts of solar energy in the province of Najaf.”

It is noteworthy that the Iraqi-Saudi Committee for Energy and Manufacturing Industries holds its periodic meetings, and includes the ministries of Oil, Electricity and Industry and the National Investment Commission.


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