Foreign Minister Fuad Hussein Stresses Importance of Iraqi-Russian Coordination within (OPEC +)

Foreign Minister Fuad Hussein Stresses Importance of Iraqi-Russian Coordination within (OPEC +)

Foreign Minister Mr. Fuad Hussein met with Russian Energy Minister Mr. Nikolai Shulginov to discuss bilateral cooperation in the energy fields (oil, gas, and electricity).

Minister Fuad Hussein affirmed Iraq’s keenness to develop relations with the Russian Federation in the energy sector, and to provide support to Russian companies operating in it, pointing to the importance of increasing Russian investments in a way that serves the interests of the two friendly countries, adding that one of the priorities of the current government is rebuilding the Iraqi economy, in addition to the importance of coordination between the Russian Federation, Iraq and the rest of the oil-exporting countries within the OPEC +.

On his part, Mr. Nikolai praised the cooperation of the two countries at the international level within (OPEC +), and the work of Russian companies to build and develop the Iraqi infrastructure in the oil and electricity sector, in addition to scientific and technical cooperation.
The two sides also discussed the risks of the Corona virus , its effects on the energy market, as well as bilateral cooperation concerning the stability of oil prices in global markets.

The above is a summary of a November 28, 2020 article from . To see the full article, click here.