To Invest and Work in the Development of the Oil Projects and Described the Company as a Developed Company
Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil met with Mr. Mustafa Kaytoni the Algerian minister of oil in his residence in Kuwait on the sidelines of the meetings of OPEC.
Mr. Al-Luiebi confirmed on the keenness of the Iraqi government and the ministry of oil to enforce the bilateral relations between the two countries “especially in the oil & energy sector” and invited Sonatrach Algerian Company to invest and work in the development of the oil projects and described the company as a developed company. He said also that Sonatrach is one of the well-known companies which has a good reputation and “we invite it to work in Iraq to develop and invest the gas sector”.
The two parties discussed about some cases of common concern. As well as the activation of the Arabic cooperation. Mr. Al-Luiebi confirmed on the keenness of Iraq to enforce the bilateral cooperation between the two countries to achieve the common benefits.
Mr. Kaytoni confirmed on the necessity of expanding the horizons of common cooperation. And shown the desire of the companies of his country to execute the oil projects in Iraq. He also invited Mr. Al-Luiebi to visit Algeria at 2018 to visit and see some of the Algerian oil facilities.
Source: Ministry of Oil
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