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Western energy companies on Friday signed dozens of agreements with Iraqi officials on oil and gas and pipelines as the OPEC member seeks to deepen relations with the US and develop alternatives to the Strait of Hormuz for getting its energy to global markets.
“We are using an open-door policy,” Prime Minister Ali al-Zaidi said through a translator at a US-Iraq business summit at the US Chamber of Commerce where Iraqi officials and US energy, healthcare and technology companies signed non-binding agreements and memorandums of understanding of more than $60 billion. “Everybody who has a project can come and talk to us. We will not make it difficult for anyone,” al-Zaidi said.
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