Iran & Iraq Agree Energy Cooperation Deal
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Wednesday, 25 February 2009 |
Iran Central Oil Fields Company (ICOFC) and Iraq National Oil Company
(INOC) have signed a deal on cooperating for the development of joint
border oilfields.
Alireza Zeighami said that according to the deal, joint technical groups will be formed in three months in order to explore border oilfields. “Collecting preliminary information and carrying out feasibility studies is expected to take nine months,” he added.
Zeighami stated that the oilfields are located in the Iranian provinces of Khouzestan, Ilam, and Kermanshah. The meeting was held on the official invitation of Mohammad al-Haj Hamud, the deputy foreign minister of Iraq.
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