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Archive for July 11th, 2009

Iraq need more than 50 billion dollars in investment in oil industry

Jul 11th, 2009 | By admin | Category: Main News

Iraq need more than $ 50 billion in investment in oil industry over the next five or six years, reported Bloomberg, citing the statement of Minister of Petroleum Countries Hussain al-Shahristani made in Tokyo.
The country plans to increase oil production to 6 million barrels per day by the end of 2015 from [...]