Tuesday, September 24, 2024

Baghdad

Al-Furat Petroleum Company makes $9.5m in revenues

BAGHDAD / IraqiNews.com: Al-Furat Petroleum Company said it has made $9.5 million U.S. dollars (11.1 billion Iraqi dinars) in revenues throughout 2009, envisioning a further increase in proceeds during the coming period. “The state-run al-Furat company seeks to increase its revenues and profits during the coming years by upgrading its factories and building more plants…,” according to a statement released by the Ministry of Industry and Minerals and received by IraqiNews.com news agency. In 2009, the firm provided Iraqi ministries with material worth 11.1 billion Iraqi dinars, according to the statement. SS (P) 1