January 10, 2018 / 1:52 PM / a year ago

UPDATE 1-Iraq to ask foreign oil firms to build housing, provide services for employees

(Adds context)

BAGHDAD, Jan 10 (Reuters) - Iraq will ask foreign oil companies operating in the country to build housing for Iraqis employed on their projects, the oil ministry in Baghdad said in a statement on Wednesday.

Oil Minister Jabar al-Luaibi “issued a general notice which commits contracted companies to build modern housing compounds and provide essential services to employees,” the statement said.

ExxonMobil, Lukoil, Gazprom, ENI , Royal Dutch Shell, Total, BP , PetroChina and Petronas are among the companies operating in Iraq, and the latest decision could significantly increase their costs.

Iraq is the Organisation of Petroleum Exporting Countries’ second-largest oil producer after Saudi Arabia, with an output of 4.4 million barrels of crude per day.

Reporting by Maher Chmaytelli; Editing by Mark Potter and David Evans

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below