operating in Iraqi oil provinces.

“More than $ 22 billion is the value of outstanding debt currently on central and southern governorates for international oil companies operating in the development and production of oil in the provinces of Basra, Maysan and Wasit,” The committee’s member , Tariq Sadeq told Shafaq News.

Sadeq explained that "the debt accumulated on the Ministry of Oil because of the financial crisis and the ministry has to find an agreement formula with the oil companies to end the debt problem."

Maysan oil police announced earlier that foreign oil investment companies in Maysan fields agreed to delay part of the financial dues payment this year and complete paying them next year.