Plan to Invest Oil Revenues in Dhi-Qar

The Dhi-Qar council will prepare a plan to invest the oil revenues in the province, a member of the council’s economic committee said on Monday.

“A committee has been formed by the Dhi-Qar council and the province’s oilfields authority to invest the one billion dinars oil revenues,” Mona al-Safi told Aswat al-Iraq news agency.

“The authority prepares to dig 20 wells at al-Nassiriya oilfields, northwest of Nassiriya, as of next month within the national plan to increase the production to 50,000 barrels,” director of the digging department of the Dhi-Qar oilfields authority, Rashied Sherhan told Aswat al-Iraq news agency, pointing out that digging one well requires 50 days.

(Source: Aswat Al Iraq )

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