The Ministry of Oil are Open for the Global Companies to Participate in the Investment Projects of the Oil Pipelines Rehabilitation.
Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil met with Mr. Deder Kasemero the vice president & regional director of Russneft Russian Company.
Mr. Al-Luiebi confirmed that the doors of the ministry of oil are open for the global companies to participate in the investment projects of the oil pipelines rehabilitation. As well as the refineries construction, gas investment and infrastructure rehabilitation.
Mr. Al-Luiebi said that the ministry of oil “through its keenness to raise the outcome” is ready to restart the pumping of crude oil through Kirkuk- Ceyhan pipeline by the agreement with Kurdistan. He said also that the ministry of oil does not object if Russneft wants to expand its work to include all the fields of Kirkuk, after the coordination with BP British Company.
Mr. AL-Luiebi said also that all the agreements and contracts above the Iraqi lands must be through the federal government and the ministry of oil. So that the countries & global companies must commit with this decision.
Source: Ministry of Oil
Read more news like this