Iraqi Oil Minister Jabbar Allaibi said on Sunday his country plans to reach an agreement with Iran on exploitation of the joint oil fields. He made the remarks during his speech at the Iraq Energy Forum 2017. The official said Baghdad is in serious talks with Tehran on joint use of oil fields in the two country’s borders. He called for improvement of relations with neighboring countries to diversify the country’s oil and gas revenues.
Iraq keen to reach agreement with Iran on joint oil fields
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