Eni eyeing Iraq as ‘opportunity’
Wire services
Italian oil company Eni is looking at Iraq as "an opportunity",
chief executive Paolo Scaroni was quoted as saying today.
"There are now possibilities to write up contracts in a new legislative
framework," Scaroni told Italian newspaper Corriere della Sera, which said
the oil company would look to engage itself in engineering first.
Iraqi Oil Minister Hussein Shahristani told Reuters in February more than 100
companies were vying for deals to tap Iraq's vast oilfields, but a vital
oil law is stalled by tension involving the Kurdish region.
"We are looking at Iraq as an opportunity," Corriere quoted Sacroni as saying
after signing a memorandum of understanding on oil and gas co-operation with
Qatar yesterday.
21 April 2008 06:39 GMT
| last updated:
21 April 2008 06:39 GMT
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