Iranian Oil Minister Javad Owji and his Iraqi counterpart Hayyan Abdul Ghani has discussed a wide range of issues, including the development of oil fields shared by the two neighboring countries.
The two ministers met on the sidelines of the 7th Gas Exporting Countries Forum (GECF) Summit of Heads of State and Government in Algiers on Saturday.
Iran’s Owji and his Iraqi counterpart reviewed ways for increased cooperation on developing shared fields, trade of gas and oil products, payment methods and development of infrastructure for trade of products.
They agreed to select one or two shared fields with less reserves for development projects and then gradually move to bigger fields.