Iraq To Ask Foreign Oil Firms To Build Housing For Employees | Gulf Coast Oil Rig Equipment & Repair



Iraq To Ask Foreign Oil Firms To Build Housing For Employees
Iraq will ask foreign oil companies operating in the country to build housing for Iraqis employed on their projects.

Reuters

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)





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