Russia is ready to contribute to new oil projects in Iraq

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Russia.

Russian Oil Minister Alexander Novak said on Monday that Russian companies are ready to consider participating in new oil projects in Iraq.

Sochi – Sputnik. "As far as Iraq is concerned, this country is cooperating very well in the energy field. There are projects to develop the fields," Novak told reporters when asked whether Russian companies were considering contributing to new projects in Iraq, particularly the Kurdistan region of Iraq. These projects certainly involve the participation of Russian companies. "

"We are ready to consider projects there, including those related to other areas, if these offers are mutually beneficial and attractive for investment," the minister added.

Since the former Soviet era, Iraq and Russia have had close and distinguished relations in various fields, including oil production, electric power, military-technical cooperation, agriculture and irrigation, as well as cooperation in culture and science.



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