March 2, 2011 / 11:47 AM / 8 years ago

Iraq to start water injection project in a month

BAGHDAD, March 2 (Reuters) - Iraq is expected to start the first phase of a multibillion-dollar water injection project to help boost crude production rates from its southern oilfields in a month, an Iraqi oil official said on Wednesday.

“Talks with oil companies are focused now at the total cost of the first phase of the project, and we expect to reach a deal and start first steps of building after a month,” Abdul-Mahdy al-Ameedi, head of the Oil Ministry’s licensing and contracting office, told Reuters. (Reporting by Ahmed Rasheed, Editing by Rania El Gamal and Anthony Barker)

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