Iraq-EU energy deal could bolster capacity, feed European consumers
Energy ministers signed a deal that would see European training and technology assist Iraq in developing its massive but troubled energy sector. It's a start with a long way to go, officials said, but Iraq could be a net exporter of natural gas and a major supplier to Europe's non-Russian supplies.BAGHDAD - 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.
Login to your account
Subscribe for news access
Annual News subscribers receive access to the full archive of Iraq Oil Report articles.