Iraq confirms its readiness to host the founding conference of OPEC

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Iraq confirms its readiness to host the founding conference of OPEC

Wednesday, September 22, 2021 116

 

 Baghdad: morning

 

OPEC agreed to hold its founding conference in Iraq next year, while the Minister of Oil and head of the National Oil Company, Ihsan Abdul-Jabbar Ismail, confirmed that the company seeks to invest free gas.

The Secretary-General of the Organization, Muhammad Barkindo, said, in a message addressed to all the heads of delegations of the member countries of OPEC and non-member countries: "Iraq will host the sixtieth anniversary of the founding of the organization in the first quarter of 2022."

Barkindo added, "The Minister of Oil, Ihsan Abdul-Jabbar Ismail, informed me of Iraq's readiness, desire and ability to host the founding conference, after completing all the necessary arrangements."

He explained, "The General Secretariat of the Organization of the Petroleum Exporting Countries is in talks with the Ministry of Oil to ensure that all necessary logistical and preparatory requirements are arranged," noting that "we look forward to seeing you in Iraq at the beginning of 2022."

Meanwhile, the Minister of Oil and head of the National Oil Company, Ihsan Abdul-Jabbar Ismail, confirmed that the company is conducting a comprehensive assessment of the existence of wealth and large reserves of free gas, which we seek to invest by the national effort in cooperation with sober international companies. 

A ministry statement stated, "Ismail chaired a meeting to discuss an integrated development plan to advance the exploration sector for gas fields," noting that "the meeting comes as part of a series of intensive meetings and dialogues to finalize an integrated development plan aimed at accelerating optimal investment plans for hydrocarbon wealth around the world." 

Iraq".

Ismail indicated, "The company is conducting a comprehensive assessment of the reality of these hydrocarbon compounds, with our expectations of the existence of wealth and large reserves, especially from free gas that we seek to invest by the national effort in cooperation with sober international companies," stressing that "this plan will be presented to the Council of Ministers." In order to obtain approval and monitor the budget she has".

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Iraq confirms its readiness to host the founding conference of OPEC next year

OPEC - Archive

 September 21, 2021 3:28 PM

Mubasher: OPEC announced today, Tuesday, its approval to hold its founding conference in Iraq next year, while indicating that it is talking with the Ministry of Oil to provide the logistical and preparatory requirements necessary for the conference.

 

And the Secretary-General of the Organization, Muhammad Barkindo, said in a letter he addressed to all the heads of delegations of the member states of OPEC and non-member countries, according to the Iraqi News Agency "INA": "Iraq will host the sixtieth anniversary of the founding of the organization in the first quarter of 2022."

Barkindo added that Oil Minister Ihsan Abdul-Jabbar Ismail informed me of Iraq's readiness, desire and ability to host the founding conference, after completing all the necessary arrangements.

He added, "The General Secretariat of the Organization of the Petroleum Exporting Countries is in talks with the Ministry of Oil to ensure that all necessary logistical and preparatory requirements are arranged," noting that "we look forward to seeing you in Iraq at the beginning of 2022."

On June 30, Barkindo announced that the Iraqi government had agreed to host the sixtieth anniversary of the founding of OPEC on September 30, 2021, at the People's Hall in Baghdad, but the Minister of Oil announced the postponement of the conference through a letter to OPEC.