His Excellency Dr. Fouad Maasom the Iraqi president met at Sunday the 18th of September 2016 in the Salam Palace in Baghdad with the minister of oil Mr. Jabbar A. Allibi.
Dr. Maasom and Mr. Allibi discussed during the meeting about the oil sector and the way to develop it. Dr. Maasom confirmed on the necessity of gathering all the capabilities to develop the oil wealth especially in this financial hard situation.
His Excellency said that it is necessary to vary the ways of exportation by making balanced relations with the oil countries, and making use of the Iraqi big oil experiences to study the oil reality and the obstacles which hinders the achievement of the targets by making a practical productive plan to develop and raise the production.
Mr. Allibi said that he made an ambitious plan to raise the production and enforce the investment in the oil & gas fields. He also confirmed that he is working hard to strengthen the cooperation with the concerned countries. At the same time He stressed on the necessity of working hard to improve the oil relations between the federal government and the provincial government of Kurdistan because this step achieves the benefit for the two parties.
At the end of the meeting, Mr. Allibi was grateful to the president for his continuous assistance to develop the oil policy.