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Mr. Al Luiebi: Iraq Attracts the Global Investments to Develop its Oil Industry

Iraq is working on to be open & cooperative with the neighbor and friend countries as well as it works on to expand the bilateral cooperation to achieve the common benefits.

The minister of oil confirmed on the Iraqi keenness to invest its oil & gas wealth perfectly to support the national economy.

   Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil said in his speech during the annual energy conference of the middle east and north Africa which is organized by the royal institute for international affairs during the period from the 29th to 30th of January, that Iraq is working on to attract the global investments to develop its oil & gas industry. He also confirmed on the Iraqi role to stabilize the oil market.   

   Mr. Al-Luiebi said also that Iraq is working on to be open & cooperative with the neighbor and friend countries as well as it works on to expand the bilateral cooperation to achieve the common benefits.

   Mr. Al-Luiebi reviewed during his speech the future plans of the ministry of oil to develop the oil industry, in addition to the most significant projects to develop the oil & gas industry, the infrastructure and the investment opportunities of the foreign companies.

Source: Ministry of Oil

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