Eni Interested in Investing in Nassiriyah Oilfield

Italy’s energy giant Eni is still interested in investing in the Nassiriya oilfield, Italy's ambassador to Iraq has said.

Ambassador Gerardo Caranti was visiting Iraq to evaluate the progress of several projects and to study future suggestions.

"We have several projects in Iraq at a cost of more than $2 billion," he told Aswat al-Iraq news agency.

“Eni still interested in investing in Thi-Qar [Dhi Qar], mainly in the Nassiriya oilfield, as my country imports 15% of Iraq's oil output,” he said, adding that “its important to complete old projects before starting new ones."

Regarding Italian companies’ investments in the province, the Ambassador said “big companies have security personnel and are able too come and work in Nassiriya and our government is ready to support small companies to invest in Thi-Qar, mainly those which are relatively safe.”

He also said that Italy would open a consulate in Basra.

(Source: Aswat al-Iraq)

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