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Mar 23 2011

Italy's energy giant Enni interested in Nassiriya oilfield

THI-QAR: Italy's energy giant Eni still interested in investing in Nassiriya oilfield, Italian ambassador to Iraq said on Wednesday, noting that his country will open a consulate in Basra.

"My visit aims to evaluate the progress in projects and study future suggestions.
We have several projects in Iraq at a cost of more than $2 billion," Ambassador Gerardo Caranti told Aswat al-Iraq news agency.

" Eni still interested in investing in Thi-Qar, mainly in the Nassiriya oilfield, as my country imports 15% of the Iraqi oil," he said, adding that "its important to complete old projects before starting new ones.

Regarding Italian companies' investments in the province, the diplomat 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."

Nassiriya, the capital of Thi-Qar, is 380 km south of Baghdad.

© Aswat Aliraq 2011

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