Importance of Joint Oil Agreements – Expert

Oil expert Abduljabar al-Halafi on Friday highlighted the importance of signing an agreement to benefit from potential oilfields between Iraq and neighboring countries.

‚ÄúThere are no joint oilfields between Iraq and neighboring countries, but there are potential geographic reserves on borders,‚ÄĚ al-Halafi told Aswat al-Iraq news agency.

‚ÄúThe use of any part of these oilfields is not considered a violation as long as these operations are held inside its territories,‚ÄĚ he noted.

‚ÄúKuwait has high technological capabilities regarding extracting oil, and could use them in determining these oilfields,‚ÄĚ he said.

( Aswat Al Iraq )

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