Iraqi oil minister Jabbar Alluaibi met in Baghdad with the managing director of “Gazpromneft Badra” Sergey Karavaev. The parties discussed questions of mutual cooperation, the possibility of increasing oil production in Badra oil field, operated by “Gazpromneft Badra”, and the perspectives of Iraqi oil industry development.
According to Iraqi oil minister, Baghdad has ambitious strategic plans and promising projects of the country’s oil industry development. Alluaibi said, that the oil sector soon will “witness a new age of opening the doors for the investment in all the oil industry sectors”. The ministry is working hard to solve all the obstacles that might face the work of “Gazpromneft Badra” in Iraq, added the Iraqi responsible.
Sergey Karavaev made a detailed presentation of the company’s activities in Iraq and its projects for the coming year. He also stressed, that “Gazpromneft Badra” strives to develop the cooperation with the ministry of oil.