Iraq says to invest in joint oil projects with Iran
Iraq’s Oil Minister Jabbar al-Luaibi says an agreement will be signed with Iran soon to jointly invest in two oil fields shared between the two countries. Luaibi did not specify which fields were concerned and when the agreement would be signed. Nevertheless, it would be a groundbreaking move in the history of economic cooperation between two important oil heavyweights in the region. In August, Iraq’s Ambassador to Tehran Rajih al-Mussawi said his country was considering a plan to cooperate with Iran in the development of Azadegan oil field ...
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