On Friday, a business conference of Petroleum Exporting Countries OPEC, started today and Iraqi Oil Minister Adel Abdul Mahdi also participated in this conference to discuss regarding developments in the global oil market. Abdul Mahdi further said in his press statement that a conference held today and we will discuss about our three strategic plans in order to boost up our oil and gas production. He also stressed that Iraqi government has completed a remarkable and perfect licensing task. He further explained that a number of national institutions participated in this conference.
Abdul Mahdi stressed that there are a number of areas that are still far away from oil operations and they are still trying to adjust in obtaining new licenses and these areas are at the top in priority list for national development process. He also added that major element is to contribute the improvement in production with the participation of neighboring countries. The Iraqi Oil Minister Abdul Mahdi further added that we have started a dialogue process with the Islamic Republic of Iran also with Kuwait in most of the common field matters. There should be a joint action among its neighboring countries in order to make easy steps and to help each country with other country. It would help to improve the production level and to help in the way of better production.