Moily offers participation of Indian Companies in various Iraqi projects for enhancing economic cooperation
Iraqi PM calls for both countries to work immediately on projects related to oil & gas sector
(Release ID :97074
Iraqi PM calls for both countries to work immediately on projects related to oil & gas sector
Press Note
The Minister of Petroleum and Natural Gas, Dr.
M. Veerappa Moily arrived
in Baghdad on 6th July
leading a 28 member delegation to the meeting of 17th India-Iraq Joint Commission scheduled
for
7-8th July
2013. Upon his arrival, Shri Moily
called on the Prime Minister of Iraq, Mr. Nouri Al-Maliki and reiterated to him the invitation of the Prime
Minister of India to the Iraqi PM to visit New Delhi. The Iraqi PM expressed that he was
planning the visit to New Delhi in September, 2013. Mr. Moily
while recalling the excellent bilateral relations with Iraq, and that Iraq was the second largest supplier of
crude oil to India, emphasized the need for further strengthening the
relationship between the two countries by increasing economic cooperation. Indian companies have the
expertise to participate in many projects which were coming up in Iraq,
especially in areas such as refineries, petrochemicals, fertilizers, etc. India will also be
interested in gas based projects and importing LNG from Iraq besides India can
share its knowledge and expertise in agriculture, infrastructure technology,
pharmaceuticals, etc.
The Iraqi PM said that Iraq will have great
interest in sectors connected with oil and gas especially petrochemicals,
refineries and fertilizers and both countries should start working immediately
on cooperation in these sectors. The
meeting with Prime Minister was followed by discussions with Deputy Prime
Minister, Dr. Saleh al-Mutlaq,
who also hosted a lunch in the honour of the visiting
Minister. In the
discussions with Dy. PM, the delegation members elaborated on the cooperation
and possibilities in the oil and gas sector and other sectors such as steel,
railways, etc. India also
offered to train Iraqi personnel in oil and gas sector in the training
institutes in India. India
also offered to work with Iraqi Public Sector Undertaking in order to exchange
ideas and expertise that could help them in becoming more efficient and
profitable.
***
Ministry of Petroleum and Natural Gas, Government of
India.
New
Delhi, July 8, 2013
RCJ/RKS
(Release ID :97074
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