The Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani, revealed the most important axes and projects that were discussed by the Energy and Transformational Industries Committee during the fifth session of the Iraqi-Saudi Coordination Council in Jeddah.
The Minister said, according to a statement by the Ministry of Oil, that it was agreed with the Saudi side to establish a database of geological survey information and mining data, in addition to studying participation and investment by Saudi companies concerned in developing the Akkas gas field in Anbar Governorate, and in the Nibras al-Sharq petrochemical project.
On cooperation in the electricity sector and joint interconnection, Abdul-Ghani indicated moving forward in joint work to implement the Saudi-Iraqi electrical interconnection project, in addition to discussing the possibility of establishing a station to generate electricity from solar energy, and joint work to establish specialized industrial cities.
The Deputy Prime Minister for Energy Affairs and Minister of Oil expressed the Iraqi side’s welcome to the participation of Saudi companies specialized in the field of developing oil fields and sites and investing in gas within the fifth licensing rounds (+5) that were launched earlier this month, and the sixth round, to be launched during the coming period.
Source: National Iraqi News Agency