Oil Minister meets head of Exxon Mobil Iraq

By John Lee.

Iraqi oil minister, Jabbar al-Luaibi (Allibi), met with the head of Exxon Mobil Iraq, Paul Thiss, in his office on Wednesday to discuss cooperation and investment in the Iraqi energy sector.

The Minister said Iraq is about to enter a new age of development of its oil and gas industry and is "opening the door of investment to this vital sector."

He said also that the Ministry has plans to develop the process of oil marketing with the world via the State Oil Marketing Organization (SOMO) "through the mutual cooperation with Exxon Mobil Company for its big experience in this sector."

(Source: Ministry of Oil)

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