Iraq to Invite 60 Foreign Companies to Postwar Baghdad's First Oil Conference

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LONDON (AP) - Iraq plans to invite executives from as many as 60 foreign oil companies to a Baghdad conference to discuss ways of developing the country's vast oil resources, the first event of its kind since the ouster of Saddam Hussein.
The meeting, scheduled for December, would be "a brainstorming session" for companies hungry for investment opportunities and for Iraqi oil officials eager to acquaint themselves with key players and technologies long denied them under U.N. sanctions, the event's organizer, Paul Bristol, said Thursday.

The Iraqi Oil Ministry has hired Bristol, an independent, London-based oil consultant, to arrange the conference.