UAE-based Crescent Petroleum has invested over $3 bln in Iraq: CEO

News Service
14:3210/12/2019, Tuesday
U: 10/12/2019, Tuesday
REUTERS
File photo: Majid Jafar, Chief Executive Officer of Crescent Petroleum
File photo: Majid Jafar, Chief Executive Officer of Crescent Petroleum

United Arab Emirates-based energy firm Crescent Petroleum has invested over $3 billion in Iraq, its chief executive said on Tuesday.

"We have invested over $3 billion in Iraq over the last 10 years and that rate is increasing," Majid Jafar said, speaking on a panel at a conference in Abu Dhabi.

#United Arab Emirates
#Crescent Petroleum