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وكالة موازين نيوز
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وكالة موازين نيوز

2026-11-11T00:00:00.000Z

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Oil and gas ties urged

Oil and gas ties urged

Deputy Prime Minister for Energy Affairs Mohsen al-Mandalawi called on international companies, during sessions at Chatham House in London, to form strategic partnerships to develop the oil and gas sectors and strengthen the security of supply. He noted that Iraq is close to signing contracts with ExxonMobil and Chevron. The government’s plan aims to increase oil production to 7 million barrels per day within two years, while diversifying export routes toward the Mediterranean. Iraq is also working on a project to transport gas from the south and the Gulf to the north, with a capacity of 2 million standard cubic feet per day, to strengthen links with European markets.

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