Sergei Shmatko: Russia's oil companies - welcome in Iraq

September 7, 2009 Russia's delegation led by Minister of Energy Minister Sergei Shmatko visited Iraq. Its membership includes representatives of Russia's energy companies - OAO Rosneft, Zarubezhneft, Lukoil, TNK-BP, OAO MGNK Soyuzneftegaz, JSC VO Technopromexport.

visit comes at the request of the Prime Minister of Russia Vladimir Putin, said in a statement the Ministry of Energy.

We have accumulated considerable international experience in implementing projects for field development and the establishment of appropriate transport and production infrastructure in the energy sector. And we have something to offer to our Iraqi partners - said Minister of Energy of Russia.

In the course of negotiations Sergei Shmatko with Iraqi Prime Minister Nouri al-Maliki, the Iraqi side confirmed its interest in developing bilateral cooperation on a wide range of issues.

Following negotiations, the parties reached an agreement on cooperation in the establishment of TPP Yousef and TPP Dibis, as well as the construction of gas pipeline to Kirkuk - Okra and 2 nd strategic pipeline.

We have received a clear signal to the Iraqi government that Russia's oil companies - welcome in Iraq, - said Sergei Shmatko, adding that during meetings with the Iraqi government decided to establish a special working group on prepare a joint report on the possibilities of cooperation between Russia and Iraq's oil sector.

Turning to the issues of cooperation in the electricity sector, Energy Minister noted that Russia's companies have good opportunities for rehabilitation and expansion of cooperation with Iraq.

For the cooperation in the field of electric power development in the modernization of existing facilities and building new ones - in Russia's companies a maximum of opportunity, - said Sergei Shmatko.
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