The Governments of the Republic of Iraq and the United States of America reaffirmed their commitment to joint cooperation in the areas of oil production and export, natural gas, electricity resiliency and reliability, clean energy, and critical energy infrastructure protection during the second meeting of the Joint Coordination Committee (JCC) on Energy, held February 5, 2014 in Baghdad.
Iraqi Deputy Prime Minister for Energy Dr. Hussain Al Shahristani chaired the meeting with U.S. co-Chairs Deputy Secretary of Energy Daniel Poneman and Special Envoy and Coordinator for International Energy Affairs at the State Department Carlos Pascual.
During today’s meeting, both sides reiterated the significance of Iraq’s future energy sector development and its contribution to greater economic prosperity, as well as the valuable role that Iraq plays in providing a steady flow of petroleum resources to global markets. Both sides lauded Iraq’s offshore installation of the central metering manifold platform for the new single point moorings (SPMs) and recognized Iraq’s bold plans to increase further its oil production and exports.
The delegations discussed Iraq’s Integrated National Energy Strategy; opportunities to strengthen production and export infrastructure in order to meet Iraq’s mid- and long-range export goals; Iraqi and U.S. lessons learned in the field of natural gas capture and distribution; and best practices from the United States and the region.
The two sides discussed the importance of improving the protection of critical energy infrastructure for oil, natural gas, and electricity installations. To this end, Iraq and the United States are embarking on a significant new area of cooperation by having experts from the U.S. Departments of Energy and State work with Iraq to develop approaches to protect Iraq’s energy infrastructure from terrorist attack or natural disaster.