Australia ready to invest in Iraqi oil field

Australia ready to invest in Iraqi oil field

February 22, 2010

The Australian Industrial Chamber of Commerce has expressed its readiness to invest in a Wassit oilfield, a local official said on Sunday. “On Sunday, the provincial council in Wassit received a delegation comprised of representatives of the Australian Industrial Chamber of Commerce,” the head of the reconstruction committee in the council, Eng. Mahdi al-Zubaydi, told Aswat al-Iraq news agency. The delegates have voiced their readiness to invest in an oilfield near al-Ahdab field (25 km west of Kut), Zubaydi noted. Kut, the capital city of Wassit province, lies 180 km southeast of Baghdad. Source: Aswat al-Iraq