EU, Iraq sign strategic partnership MOU

European Union Energy Commissioner Andris Piebalgs and Iraq's Minister for Oil Hussain Al-Shahristani signed a memorandum of understanding outlining priorities for an “energy strategic partnership,” which includes Iraq as a possible natural gas supplier to the Southern Corridor gas lines.

Doris Leblond
OGJ Correspondent

PARIS, Jan. 19 -- European Union Energy Commissioner Andris Piebalgs and Iraq's Minister for Oil Hussain Al-Shahristani signed a memorandum of understanding outlining priorities for an “energy strategic partnership,” which includes Iraq as a possible natural gas supplier to the Southern Corridor gas lines.

For its part, the EU could help Iraq develop its electric power system and tap its vast renewable resources.

Areas of cooperation covered by the MOU involve development of an Iraqi energy policy, an energy action program for 2010-15, assessment of Iraq’s hydrocarbon pipeline network, enhancing pipeline safety and reliability, identifying sources and supply routes for gas from Iraq to the EU, and a plan for development of renewable energy in Iraq.

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