Both Iran and Iraq signed a memorandum of understanding on energy cooperation

According to media in Tehran on July 16 reported that the Iranian Oil Ministry's official news website SHANA reported today that Iran and Iraq have signed on energy cooperation and joint development of oil and gas fields there were two memorandums of understanding.

SHANA said the first memorandum of understanding in the afternoon of July 15 in a National Iranian Oil Company officials and the Iraqi Ministry of Oil, an adviser to three days between the signing of the negotiations. According to the memorandum of understanding on behalf of the two sides agreed to study the exchange to determine the framework of energy cooperation. SHANA said, adding that the first two of the main contents of the memorandum of understanding is mutual between the management and development of oil and gas fields jointly owned.

Jul. 17, 2009