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Rosneft Discusses Bilateral Cooperation with Iraq

Source: www.gulfoilandgas.com 4/17/2013, Location: Middle East

On April 16 Igor Sechin, Rosneft President, Chairman of the Management Board and Sergey Chemezov, Rostec State Corporation Director General held talks with the Iraqi Prime Minister Nouri al-Maliki as part of a working visit to Iraq.

During the talks Rosneft offered to conduct technical audit of facilities in operation and to provide support in exploration and development of oilfields.

«Iraq has high potential for oil production, which can only be unlocked in stable environment. We believe that large-scale bilateral projects are most beneficial to the development of the Iraqi economy», said Igor Sechin.

Sergey Chemezov also held talks with Nouri al-Maliki. The parties reached a number of agreements in the fields of energy, machine building as well as military and technical cooperation.

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