Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit
AI Summary
European officials are preparing to visit Baghdad for high-level energy talks following Iraq's warning of a possible OPEC exit if it does not receive a higher production quota. Discussions will focus on joint projects in oil, gas, electricity, gas capture, power generation, energy storage, and crude export infrastructure.
European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq warned it could leave OPEC unless the producer group grants the country a higher production quota. According to Iraqi sources cited by Shafaq News, the discussions will focus on expanding cooperation across Iraq's oil, gas and electricity sectors. Planned talks include projects to capture associated gas, increase power generation, expand energy storage capacity and strengthen crude export infrastructure. One proposal…