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

News Service

14:32 - 10/12/2019 Tuesday

Update: 14:44 - 10/12/2019 Tuesday

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

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