American companies plan to invest in Iraq's oil and gas sector.

American companies plan to invest in Iraq's oil and gas sector.
Ali Razouqi, Deputy Director of the Iraqi Prime Minister's Office and Chairman of the Supervisory Committee for the Iraq Investment Forum, announced that American companies are interested in investing in oil and gas fields in Iraq.

Razouqi said, "The Iraq Investment Forum has attracted major international companies in the oil, industry, agriculture, and other investment sectors."

He added, "The National Investment Commission previously indicated its success in attracting no less than $100 billion in local and foreign capital, but this figure is expected to rise steadily after the forum." He explained that "American companies have headed to Anbar Governorate to invest in some oil and gas fields," stressing that "the coming period will witness increased activity in this direction."

He continued, "The forum included dialogue sessions with a number of specialists to explain Iraq's investment philosophy and the directions of the relevant ministries, in addition to holding workshops that highlighted available investment opportunities in cooperation with relevant companies." He noted that "the forum resulted in the referral of numerous investment opportunities to international and local companies, which is a tangible achievement."