Reliance Industries is exploring investment opportunities in the oil and gas fields of Iraq, chairman Mukesh Ambani reportedly said.
This move came after the company divested its holding in two blocks in Kurdistan.
"Petroleum minister Veerappa Moily has asked us to consider investing in Iraq," Ambani said on the sidelines of a programme.
Mukesh Ambani reported "We have not yet decided on investing in the Nasiriya giant oil field and the accompanying refinery project but all options are being evaluated.
In March, Iraq had shortlisted Reliance Industriesand six other global energy firms for developing the Nasiriya oilfield.
This move came after the company divested its holding in two blocks in Kurdistan.
"Petroleum minister Veerappa Moily has asked us to consider investing in Iraq," Ambani said on the sidelines of a programme.
Mukesh Ambani reported "We have not yet decided on investing in the Nasiriya giant oil field and the accompanying refinery project but all options are being evaluated.
In March, Iraq had shortlisted Reliance Industriesand six other global energy firms for developing the Nasiriya oilfield.
No comments:
Post a Comment