2/2/2010

 

Oil minister Hussein al-Shahrustani affirmed that limited exporting abilities for Iraq postponed the 3rd round of oil licenses.

 

He added, during awarded with Economic Distinguish Shield, that Iraq considers balance of international market in order to keep fair prices, he marked to the proper contracts signed with international companies, especially their period of six years. He mentioned that many countries reserves are running out.

 

Minister expressed happiness with the establishment of economic media center, and called to develop the center activities, and capabilities to promote and train media staff.