Saudi Energy Minister Khalid al-Falih said Saudi companies will open branches in Iraq.
Al-Falih said in a statement issued by the Iraqi Oil Ministry that “the important Saudi companies will open branches in Iraq in order to achieve more frameworks of bilateral cooperation and expansion of the volume of investments in the sectors of oil and gas, manufacturing and supply and infrastructure, etc. He added that cooperation between Iraq and Saudi Arabia” Limited to bilateral cooperation only, but included the coordination and unification of visions and positions in the Organization of Petroleum Exporting Countries OPEC. “
