Officials Seek US Investment in Iraqi Oil Sector

摘要

Top officials from Washington and Baghdad called for greater investment by US companies in Iraq's oil and gas sector on Tuesday, seeking to allay concerns about contract sanctity, security and the rule of law that dissuaded some firms at the country's first upstream bid round in June. Officials described Iraq, which has proven reserves of more than 115 billion barrels, as one of the last great investment opportunities for companies to get in on at the ground floor.