A number of memorandums of understanding (MoUs) were signed between Qatar and Iraq on the sidelines of His Highness the Amir Sheikh Tamim bin Hamad al-Thani's official visit to Iraq Thursday.
The two parties signed an MoU on co-operation to establish a joint company to build and operate oil tankers that carry crude oil and petroleum products according to the laws in force in both countries, as well as an MoU on co-operation to establish a 150,000 barrels per day oil refinery in Iraq.
They also signed an MoU on co-operation to supply Iraq with liquefied gas, and co-operation with Qatari companies specialised in building stations to receive gas, set up related tanks and the necessary infrastructure, including power stations and pipelines.
The two parties also inked an MoU on co-operation to supply Iraqi crude oil to Qatar's refineries and warehouses, as well as a number of MoUs under which Qatar will develop modern residential cities and five-star hotels in Baghdad, manage and operate a number of hospitals in several Iraqi governorates, and develop and establish power stations in several Iraqi cities.