Lux
04-24-2006, 10:04 PM
BAGHDAD (Reuters) - A delay in forming Iraq's new government has damaged an already crippled oil sector and the prime minister-designate must soon name a technocrat as oil minister to save the industry, senior officials said on Monday.
Iraq is home to the world's third largest oil reserves, but sabotage attacks, political instability, lack of foreign investment and mismanagement have plagued the sector, which is Iraq's economic lifeline and key for postwar reconstruction.
Ending four months of deadlock, tough-talking Shi'ite Jawad al-Maliki was tasked by parliament on Saturday with heading Iraq's first full-term government since Saddam was ousted...
http://news.moneycontrol.com/india/news/business/wantedtechnocrattosaveiraqsoilsector/resultsviewsipomfinsurancetaxnriinterviewsceocomme ntspressreleases/market/stocks/article/1512/999999
Iraq is home to the world's third largest oil reserves, but sabotage attacks, political instability, lack of foreign investment and mismanagement have plagued the sector, which is Iraq's economic lifeline and key for postwar reconstruction.
Ending four months of deadlock, tough-talking Shi'ite Jawad al-Maliki was tasked by parliament on Saturday with heading Iraq's first full-term government since Saddam was ousted...
http://news.moneycontrol.com/india/news/business/wantedtechnocrattosaveiraqsoilsector/resultsviewsipomfinsurancetaxnriinterviewsceocomme ntspressreleases/market/stocks/article/1512/999999