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Thursday, January 15, 2026

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HomeEnergyIraq, Azerbaijan Discuss Energy Cooperation and Oil Investment Opportunities

Iraq, Azerbaijan Discuss Energy Cooperation and Oil Investment Opportunities

Iraq, Azerbaijan discuss cooperation in energy sector as both nations aim to strengthen ties through joint oil and gas ventures. Iraqi Prime Minister Mohammed Shia Al-Sudani met with Azerbaijani Foreign Minister Bayramov Jeyhun and the Vice President of SOCAR, Azerbaijan’s national oil and gas company, to explore new partnerships.

The meeting focused on launching cooperative energy projects that benefit both countries. Al-Sudani emphasized Iraq’s interest in developing strong bilateral ties with Azerbaijan, especially in oil sector development.

He invited SOCAR to engage in Iraq’s oil operations and welcomed its extensive experience in global energy markets. The prime minister also presented Iraq’s investment opportunities and encouraged Azerbaijani companies to explore projects in upstream and downstream oil activities.

Al-Sudani outlined Iraq’s recent progress in increasing gas production. He said the government remains committed to attracting top-tier international energy companies to expand its oil and gas infrastructure. SOCAR’s involvement would mark a new stage in Iraq’s strategy to diversify partnerships and enhance its energy capabilities.

Iraq, with its rich reserves and growing output, offers a competitive environment for foreign energy firms. Azerbaijan, through SOCAR, brings experience in exploration, production, and energy transport—making it a strategic partner in Iraq’s long-term energy goals.

The discussion also touched on regional issues. Al-Sudani condemned Israel’s ongoing military actions in Gaza and Lebanon. He reaffirmed Iraq’s support for innocent civilians and its rejection of aggression in the region.

The broader scope of the talks reflects a dual focus: deepening economic cooperation and aligning on regional political concerns. While the energy sector remains the primary area of collaboration, the meeting also highlighted Iraq’s role in broader regional diplomacy.

In conclusion, Iraq, Azerbaijan discuss cooperation in energy sector brings three key outcomes. First, Iraq seeks direct investment from SOCAR. Second, both nations aim to expand bilateral energy ties. Third, the talks strengthen Iraq’s regional stance and strategic alliances.