Riyadh:Oil Minister Basim Mohammed Khudair Al-Abadi took part in the 17th Ministerial Meeting of the International Energy Forum (IEF) in Riyadh.

Accourding to National Iraqi News Agency, the forum, themed ‘Energy Security and Shared Goals in a New Era,’ brought together energy ministers and representatives from both energy-producing and consuming countries, as well as leaders from major global energy companies.

The Ministry of Oil stated that the minister’s attendance is part of efforts to bolster Iraq’s role in international energy discussions, facilitating the exchange of insights and expertise. This participation is aimed at promoting international collaboration, addressing common challenges, and enhancing the stability of global energy markets, which aligns with Iraq’s national interests.

The meeting highlighted the significance of improving transparency and sharing data and information about oil and gas markets, with support for the Joint Organisations Data Initiative (JODI). Participants also explored strategies for a gradual transition to clean energy, the advancement of technologies to reduce emissions, and balancing energy security with environmental sustainability.