Parliament voted to exempt foreign companies contracts licensing rounds from fees



2016-10-04 12:21:00 | (Voice of Iraq) - Baghdad

A parliamentary source said on Tuesday that the House of Representatives voted to exempt foreign companies contracts licensing rounds of fees.

The source said that "the House of Representatives today voted to exempt foreign companies and foreign subcontractors in licensing rounds fees decades of law."

The Oil Ministry has signed 2010 contracts with major foreign companies within the first and second licensing rounds to develop oil fields in Iraq.

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