Sporter
05-24-2006, 07:00 PM
"Hussein al-Shahristani also said at a Baghdad news conference that the country hoped to pass an investment law soon to bring in foreign investment to upgrade the country's battered oil infrastructure".
Mr Shahristani also emphasised the importance of foreign investment, in statements apparently aimed at international companies concerned that a new government with a heavy component of Shia Islamists and Sunni Arab nationalists might draft legislation that limits the kind of contracts they might sign.
"There is [a] need to pass an oil and gas law to guarantee the right conditions for international companies to help develop the Iraqi oil sector," he said.
http://news.ft.com/cms/s/f67dbf6c-eac0-11da-9566-0000779e2340.html
Mr Shahristani also emphasised the importance of foreign investment, in statements apparently aimed at international companies concerned that a new government with a heavy component of Shia Islamists and Sunni Arab nationalists might draft legislation that limits the kind of contracts they might sign.
"There is [a] need to pass an oil and gas law to guarantee the right conditions for international companies to help develop the Iraqi oil sector," he said.
http://news.ft.com/cms/s/f67dbf6c-eac0-11da-9566-0000779e2340.html