Iraq and Libya Forge New Energy Cooperation Partnership – African Peace Magazine

Iraq and Libya Forge New Energy Cooperation Partnership

Iraq and Libya Forge New Energy Cooperation Partnership

Iraqi Minister of Oil Hayan Abdul-Ghani and his Libyan counterpart Khalifa Abdelsadiq have established a framework for enhanced collaboration in the energy sector, focusing on knowledge exchange and technological cooperation. The ministers discussed sharing expertise in production techniques, contractual processes, and operational agreements during their bilateral meeting.

A key area of cooperation involves Iraq’s successful achievements in recovering flared gas, with both countries exploring how similar measures could be implemented in Libya to reduce environmental impact and maximize resource utilization. The discussions also emphasized energy efficiency and sustainability initiatives that could benefit both nations’ energy sectors.

The ministers highlighted the historic ties between Libya and Iraq and committed to deepening their collaborative relationship. The meeting addressed the significant value of shared expertise between the two oil-producing nations, potentially leading to improved operational efficiency and environmental performance across both countries’ energy industries.

Source: iraqinews.com