Accessibility links

Breaking News

Japan To Help Redevelop Iraqi Oil Sector

An Iraqi oil pipeline burning after an attack by insurgents (epa) October 24, 2006 -- Japan and Iraq are negotiating details of a $3.5 billion loan, primarily to be used to rebuild Iraq's oil sector.

Iraqi Oil Minister Hussain al-Shahristani met with Japanese Trade Minister Akira Amari and Foreign Minister Taro Aso on October 24.

Al-Shahrisdtani said Iraq is losing about 400,000 barrels a day in crude oil exports due to increasingly frequent attacks by saboteurs on pipelines in the northern part of the country.


RFE/RL Iraq Report

RFE/RL Iraq Report

SUBSCRIBE For weekly news and analysis on Iraq by e-mail, subscribe to "RFE/RL Iraq Report."

RFE/RL has been declared an "undesirable organization" by the Russian government.

If you are in Russia and hold a Russian passport or are a stateless person residing permanently in Russia, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.

To find out more, click here.