January 10, 2018 / 1:53 PM / a year ago

UPDATE 1-Iraq to ask foreign oil firms to build housing, provide services for employees

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BAGHDAD, Jan 10 (Reuters) - Iraq will ask foreign oil companies operating in the country to build housing for Iraqis employed on their projects, the oil ministry in Baghdad said in a statement on Wednesday.

Oil Minister Jabar al-Luaibi “issued a general notice which commits contracted companies to build modern housing compounds and provide essential services to employees,” the statement said.

ExxonMobil, Lukoil, Gazprom, ENI , Royal Dutch Shell, Total, BP , PetroChina and Petronas are among the companies operating in Iraq, and the latest decision could significantly increase their costs.

Iraq is the Organisation of Petroleum Exporting Countries’ second-largest oil producer after Saudi Arabia, with an output of 4.4 million barrels of crude per day.

Reporting by Maher Chmaytelli; Editing by Mark Potter and David Evans

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