Iraq shows interest in Nabucco

Iraq is very interested in participating in the "Nabucco" gas pipeline project, Iraqi Foreign Minister Hoshyar Zebari said in an exclusive interview with Trend on Saturday. "Iraq is able to propose its resources for this strategic project, which is of great importance for the country," Zebari said.

He said that Iraq holds several meetings to participate in this project. Thus, the country has a Memorandum of Understanding on energy cooperation with the EU. Minister also stressed that the differences between the Iraqi government and the government of Kurdistan's regional administration will not affect the supply of Iranian gas for the Nabucco project.

"Iraqi oil and gas are the natural wealth of the Iraqi people, rather than any government," he said. "We will cooperate for the good of the population."

Zebari said that Iraq will preside in OPEC in 2012. During this period the country will do everything to protect the interests of oil producers and consumers. Minister also stressed that oil prices during Iraq's presidency in OPEC will range from $85 to $100 per barrel.


/Trend/