Iraq's Kurdistan working to establish two oil firms -statement
Iraq’s Kurdistan Regional Government (KRG) is working to establish two oil companies, a spokesperson said on Friday.
The KRG's new oil firm KROC would specialize in oil exploration, while the second - KOMO - would focus on oil exports and marketing from the semi-autonomous region.
The regional government has presented the idea and discussed it with the federal government in Baghdad recently, the KRG spokesperson said in a statement.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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