Oil Cooperation between Egypt & Iraq to Enhance

Egyptian Minister of Petroleum Sameh Fahmi underscored on 20 August 2010 the importance of supporting oil cooperation between his country and Iraq and activate the initiative of strategic cooperation in the field of oil and gas.

This came in a statement by the Minister after a meeting with Iraqi Ambassador in Cairo Nizar Alkhirallh to discuss the outcome of the trip by two Egyptian delegations of leaders of the oil sector to Baghdad and Basra, between 8-12 August.

Fahmi said that "this cooperation is part of the efforts of President Hosni Mubarak to support joint Arab cooperation in general and support-Egyptian-Iraqi relations in particular at this stage." He stressed that "the next stage will witness coordination at the highest level for speedy implementation of future cooperation projects that will positively contribute to the achievement of economic benefits for both countries." - Kuna