Iraqi Government Plans Expansion of Oil Sector with ExxonMobil Collaboration


Baghdad:Prime Minister Ali Faleh al-Zaidi has confirmed that the government is advancing its plans to expand the country’s oil sector.



According to National Iraqi News Agency, the Prime Minister met with Muhammad Al-Amin, the representative of the American oil company ExxonMobil in the Middle East. The meeting was attended by the Deputy Prime Minister for Energy Affairs, the Minister of Oil, the Iraqi Ambassador to the United States, and several advisors.



During the discussions, cooperation between Iraq and ExxonMobil was explored, aligning with the government program’s goals to enhance Iraq’s economy and energy sector by increasing crude oil production. Prime Minister Al-Zaidi reiterated the government’s commitment to expanding the Iraqi oil sector, focusing on export, production, and refining, and expressed a desire to employ modern technology and expertise.



Al-Zaidi also highlighted the significance of fostering productive partnerships, transferring modern technologies, and attracting foreign investment. These efforts are intended to reinforce Iraq’s position in the global energy market.