NISOC says ready to participate in Iraq’s oil projects

The National Iranian South Oil Company (NISOC) expressed its readiness to participate in various projects in Iraq.
The NISOC managing director made the announcement in his meeting with a visiting Iraqi delegation of Nasiriyah Chamber of Commerce on the sidelines of the 14th Khuzestan Specialized Exhibition of Petroleum Industry Equipment Manufacturing in Ahvaz, the capital city of the southwestern province of Khuzestan, Shana reported on Tuesday.
Alireza Daneshi briefed the Iraqi delegation on NISOC’s capabilities, saying the company is keen to help Iraq promote its technical know-how and solve its problems in different sectors of the oil industry.
The CEO of NISOC also discussed cooperation with Iraqi officials in the fields of collecting associated gases, constructing oil and gas networks, and injecting gas into reservoirs.
The Iraqi side put great emphasis on developing bilateral cooperation, and inviting Daneshi to pay a visit to oil fields, installations, and companies in Nasiriyah.
Iran exported commodities valued at $6.9 billion to Iraq during the first nine months of the current Iranian calendar year (March 21-Decemebr 21, 2023), the head of the Islamic Republic of Iran Customs Administration announced.
According to Mohammad Rezvanifar, Iraq was the second top export destination of Iranian products in that nine-month period. The value of Iran’s export to Iraq increased by 15 percent in the past Iranian calendar year 1401 (ended on March 20, 2023).

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