Wednesday, October 20, 2010

Yes! Iraq Will Become Major Economic Force ~ The Union of Kuwaiti companies - Turkish: Iraq will become a major economic force in the region

October 21, 2010

The Union of Kuwaiti companies - Turkish: Iraq will become a major economic force in the region!

After winning the first Arab company in contracts to develop gas

بغداد ــ قاسم الحلفي Baghdad, Qassim Hilfi

Said Executive Director of the Union of Kuwaiti companies - Turkish, Sarah greater: that Iraq will become an important economic force in the region.

The "morning" on the sidelines of the licenses announced by the Ministry of Oil, yesterday, for the development of gas fields: the victory of her company in the development of the oil industry in Iraq opens the door to Arab companies to develop its oil industry, making them compete with international companies working in this area.

The largest, saying: "I applaud the organization of higher transparency and large public clear at the session of licenses to develop gas fields and before the oil fields that done justice to the competing companies at the same time constitute a guarantee for all of Iraq", adding: that what happened in the oil ministry today is very different from what being in the whole world, and the full guarantee of the wealth of Iraq.

She noted that "although we have given in these difficult situations, but that Iraq is on the verge of radical change, because the devastation took a long period of Iraq's future and requires time and patience," indicating that "Iraq will become an economic powerhouse in the region, stability is coming to him inevitably attract All those who want to invest. "

Following the announcement of winning her company, made Sarah more happiness, including promised achievement by saying "if I flew into the sky" and shown saying: "We aspire to be the first Arab company put her hand, however, Iraq and the development of relations between the two countries and the benefit will be for all the people of Iraq, and open the way for the Arabs to develop their companies competent the oil industry and others across all the styles of the countries move from being consumers to producers. "

The Oil Ministry has organized a session on licenses to develop three fields containing about 11 trillion cubic feet of gas.

And got the Kuwaiti company the largest share of these offers, which won by three coalitions to develop fields in the province of Anbar, a crutch, and Mansuriyah in Diyala, and Sepah in the province of Basra.

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