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Thursday, September 21, 2017 12:17 GMT
The Deputy Chairman of the Majlis Energy Commission Ali Adyani pointed to the necessity for the attraction of US$200 billion of investment to the oil and gas industry and said that the government and the Oil Ministry are right to attract finances for the development of the oil industry. Local resources are not able to provide such an amount of investments so the ministry must incorporate attractive conditions in oil contracts in order to lure foreign investors, he added. - Shana...More