Baghdad – INA – Nour Al-Zaidi
Right this moment, Sunday, the Ministry of Oil introduced efforts to draw international investments to maximise nationwide manufacturing via creating hydrocarbon buildings.
The spokesman for the Ministry of Oil, Assem Jihad, instructed the (INA): “The Ministry of Oil seeks to maximise nationwide manufacturing via creating hydrocarbon buildings, and the wealth discovered within the floor, whether or not fuel, oil, or joint, carries proportions of each.”
Jihad added, “The Ministry, via licensing rounds, sought to showcase the compositional patches for which the western area is known, and to remodel them into reserves or productive fields, thus enhancing nationwide manufacturing, whether or not of fuel or oil.”
He identified that “a gaggle of exploratory blocks have been offered within the final spherical,” expressing his hope to “entice international investments with the intention to remodel these buildings into fuel or oil fields that help Iraqi nationwide manufacturing.”