Iraq-EU energy deal could bolster capacity, feed European consumers

Iraqi and European energy officials this week signed an agreement to develop Iraq's energy sector into an efficiently managed and producing mechanism which, in turn, could be a reliable source of natural gas to Europe.

"Iraq promises and pledges to be a dependable partner to provide EU countries with Iraqi gas and oil," said Iraqi Oil Minister Hussain al-Shahristani after the agreement was signed.

The "strategic partnership on energy" is a non-binding memorandum of understanding, but both ...