Iraq-Egypt discuss joint cooperation in oil, Energy sectors

Iraqi Prime Minister Haider Al-Abadi said that Iraq aspires to strengthening ties with Egypt in the energy, industry, and oil & gas fields; this came during his meeting with the Egyptian Petroleum Minister Tarek El-Molla who arrived to Baghdad on Saturday accompanied by an official delegation.

Abadi’s press office said in statement that the Iraqi Prime Minister discussed, with Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla, enhancing cooperation between Egypt and Iraq in the fields of industry and oil & gas; in addition to forming an Egyptian-Iraqi partnership through establishing new cooperation strategies between companies in the two countries.

Abadi stressed on increasing joint strategic projects with Egypt that coincide with the Iraqi army victories against terrorism, which he considered as allowing more chances for joint action.

Egypt’s Petroleum Minister Tarek El-Molla pointed to the importance of strengthening cooperation with Iraq in the areas of industry and oil & gas, as well as other sectors.

The members of the National Iraqi Alliance, which is the largest Shia group in the parliament, have called on the Iraqi government to supply Egypt with crude oil on credit, in response to what they described as “blackmail” practiced by Saudi Arabia against Cairo.