By John Lee.
Iraq Business News Expert Blogger, Ahmed Mousa Jiyad, has demanded an investigation into Iraq’s reported contract to buy tankers from a Norwegian company.
The Ministry of Oil announced on 18th August that the Iraqi Oil Tankers Company (IOTC) had concluded a contract with Norway’s Batservice Mandal [Båtservice Mandal AS] to build two oil tankers.
According to Mr Jiyad, the company has no experience in building ships of this sort, and filed for bankruptcy last year.
The full text of Mr Jiyad’s statement (in Arabic) can be read below:
