Iraq Proposes Oil Cooperation with Russia
Published
Iraq is interested in developing cooperation with Russia in the oil and gas sector. This is reported by the NEWS.ru publication. The Iraqi side wants to use Russian technologies and create joint enterprises.
According to the source, Iraq sees Russia as a partner that can help modernize its oil industry. The discussion concerns the use of modern technologies in the production and processing of oil and gas. Such projects could open new opportunities for Russian companies.
Joint enterprises are also part of Iraq's plans. This means that Russian and Iraqi companies could work together on shared projects, dividing tasks and investments. Details of specific conditions and timelines have not yet been announced.
Iraq's interest in partnership with Russia shows that the oil and gas sector remains an important area for both countries. Further steps by the parties will help clarify how realistic these proposals will be.
Sources: NEWS.ru
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