Iraqi Oil Research Centre Needs $15m

The Iraqi Ministry of Oil’s Center for Research and Development has said that it needs 15 million dollars [18 billion Iraqi dinars] in order to develop its work and train its people, stressing that a number of important oil companies working in Iraq are reluctant to deal with the center as it currently stands.

The Minister for Oil said that the Ministry will support the center through the ‘funds distributed for companies’.

The Center’s director, Karim Abdul Hassan, told Alsumaria News on the sidelines of the Second Evaluation Conference for Research and Development in Baghdad that the center needs 15 million dollars in order to finish seven projects over the next three to four years.

Abdul Hassan pointed out that the projects include buying laboratories and special equipment in addition to training the staff and building new facilities for the center.

(Source: Al SumariaTV)

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