Tuesday, June 19, 2012

Economy - Voice of America: Iraq Taps Its Oil Riches, But Risks Deter Big Investment

Economy - Voice of America
economy-and-business
Iraq Taps Its Oil Riches, But Risks Deter Big Investment
Jun 20th 2012, 00:01

LONDON - Nine years after the U.S.-led invasion, the Iraqi government says the country is emerging as a global energy giant. A conference in London has brought together leading figures from the government and the oil industry to try to boost investment in Iraq. But, several risks remain - not least the growing instability in some of Iraq's neighbors. Iraq's government says recent explorations show the country could be sitting on the world's largest oil reserves at up to 350 ...

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