IRAQ - Focusing On The Non-Oil Sector - Part 7 - Iraqi Petroleum Legislation.
Shahristani said: "There will be an Iraqi national oil company that will be a holding company for the operating companies... There are a large number of companies [interested in Iraq's E&P] - some of them are regional". He touched on the flight of English-speaking Iraqi oil personnel over security concerns, saying: "Many of them have left the country, it is true. But we still have sufficient professionals there to be able to increase production every month".
The minister pegged output in Iraq's southern oilfields at 2.1m b/d, noting also an "ongoing daily battle" against saboteurs in maintaining supply from the Kirkuk fields in the north. "We're averaging now about three attacks every week, although normally we're able to [repair pipelines] in 24 hours", he said.
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|Publication:||APS Diplomat Operations in Oil Diplomacy|
|Date:||Sep 25, 2006|
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