Iraq To Share Energy Production With Foreign Companies

Iraq To Share Energy Production With Foreign Companies

Iraq is set to approve an oil and gas law allowing foreign firms to share in production, despite disputes with Kurdistan.

In a significant development, Iraq is set to approve a groundbreaking oil and gas law that will open the doors for foreign companies to participate in the country’s energy production, despite ongoing tensions with the autonomous Kurdistan region.

The announcement was made by Asim Jihad, the spokesman for Iraq’s Oil Ministry, during a statement on Wednesday.

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