Iraq is interested in intensive cooperation with Azerbaijan in
the oil, gas and refining sectors, Trend reports, referring to the statement of
Iraqi Oil Minister Ihsan Abdul-Jabbar Ismail Al-Said.
Al-Said, who is on a visit to Baku, made the remark at a meeting
with Azerbaijani Energy Minister Parviz Shahbazov.
The Iraqi minister spoke about Iraqi experience in the oil and
gas sector and highly appreciated the support provided by
Azerbaijan to regulate the oil market.
Shahbazov told his Iraqi colleague about the transformation of
azerbaijan's Karabakh and Eastern Zangezur into the territory of
The strategic decisions of President Ilham Aliyev, encouraging
the creation of a green energy zone, open up new opportunities for
energy cooperation, he noted.
The high level of relations between the two countries and joint
participation in the regulation of the global oil market is the
basis for further cooperation, Shahbazov added.
"Azerbaijan can consider prospects for expanding energy
cooperation existing within the framework of the OPEC+ format and
supplying the world market with crude oil and petroleum products of
Iraqi origin through SOCAR," he said.
Issues related to the development of bilateral cooperation in
the oil and gas industry were discussed. Sides exchanged opinions
on the course of Iraq in the field of renewable energy and the
situation on the world energy market.