Page 14 - MEOG Week 25 2022

MEOG NEWS IN BRIEF MEOG

participation in the development of the oil educational sectors,” he said. eight years to $90 billion and for bringing
and gas industry.” He said that Iran and Iraq have a high gas output to 1.5 bcm/d $70b investment is
Speaking on Wednesday, June 22, at the capacity in the region and the world, and are needed.” The meeting of the Joint Working
meeting of the Joint Working Group on Iran- two influential and competent countries in Group on Iran-Iraq Oil Cooperation started
Iraq Oil Cooperation, Mohsen Khojastehmehr the OPEC that must work diligently to ensure on June 22 and was chaired by Mohsen
stated that all the efforts have been targeted energy security in the region. Khojastehmehr, the Deputy Minister and
at taking steps in various fields of oil, gas and Khojastehmehr stated that the current CEO of the National Iranian Oil Company,
development of economic relations between capacity of Iran’s oil production is about 4 on behalf of the Iranian delegation, and
the two countries. million barrels per day and for gas it is 1 Bassem Mohammad Khedir, the Iraqi
“It is time for Iran and Iraq to take practical billion cubic meters per day, adding: “To Deputy Minister of Oil on behalf of the Iraqi
steps to cooperate in the field of oil and gas increase the crude oil production capacity to delegation.
activities and the scientific, technological and about 6 million barrels per day in the next SHANA

P14 www. NEWSBASE .com Week 25 22•June•2022