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Allaibi: We will not accept the existence of losing oil companies with the end of this year
Oil Minister Ali Allaibi
Instructed Oil Minister Ali Allaibi oil companies to raise the level of work and increase fiscal revenue to support the economy.
He Allaibi that the ministry has decided not to accept any lost oil company under any circumstances due to the financial challenges facing Iraq, adding that the ministry has urged companies that have low financial revenues work to straighten out their positions before the end of this year, noting that the leadership of the oil sector supports the practical steps to be taken with the authority to communicate with regional and Arab companies even companies to reach successful solutions, pointing out that cooperation between the national companies will upgrade the level of performance of companies.
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