Anbar sets terms for investment

Anbar's governor is aiming to create a business climate that attracts investment while putting his province's needs first.
Anbar sets terms for investment
Officials from Iraq's Oil Ministry and the Korea Gas Corp. (Kogas) meet at the ministry's headquarters in Baghdad on Oct. 13, 2011 to finalize the Akkas gas deal. Located in Anbar province, near the Syrian border, the area has been problematic for security. (MAHMOUD RAOUF/Reuters)

The governor of Anbar province doesn't want oil or gas exported from his province.In fact, the man who won the 2009 fDi Magazine "standout region of the year" award for luring foreign funds wants to keep the natural resources inside Iraq's largest province so that they can be used to feed additional investment projects, keeping more of the value chain within Anbar's borders."Anbar has big reserves of gas and oil. It is just a start -- Akkas (gas field) and the four blocks announced in th...

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