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Iraq 's economy opens the door to British companies to invest in oil projects[/size]
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3 hours ago
Iraq 's economy opens the door to British companies to invest in oil projects[/size]
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3 hours ago
[Asharq Al-Awsat] Oil Minister Jabbar al-Allaibi called on British companies to participate and invest in the oil and gas projects proposed by Iraq.
Oil Minister Jabbar Ali Al-Luaibi said during his meeting with the Secretary of State for Middle East Affairs at the Ministry of Foreign Affairs and the British Ministry of International Development, Alistair Burt, that Iraq is working on perfect cooperation with international companies operating in the oil sector in order to promote this industry and the optimal investment of this national wealth, The transformation of gas burning into useful energy, as well as the increase of infrastructure development projects across the country, and we have achieved during the past period, and despite the economic and security challenges, great progress in the implementation of projects and increase production of oil and gas.
He added that the ministry announced many oil projects in the sectors of extraction and liquidation, gas investment and pipeline networks, and invited international companies, including British companies to participate in them.
The oil minister is participating in the annual energy conference in the Middle East and Africa, organized by the Royal Institute for International Affairs in London.
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