BAGHDAD: Iraq has failed to attract foreign investment due to persistent violence, and around 65 percent of the oil pipeline network remained idle due to sabotage and lack of repairs last year, the Oil Ministry said Tuesday.

Inspector General Abdul-Karim Elaibi, in an annual report, blamed frequent sabotage and a lack of maintenance for a reduction to around 35 percent of the capacity of the 4,600-mile pipeline network.

Since 2003, the U.S. Congress has approved $46 billion to rebuild Iraq's devastated infrastructure, including oil production plants and pipelines. The expectation after the U.S. ... Read full article