Iraq Business News: Cabinet Approves 3 Energy Deals, Delays 1

Iraq Business News All the latest business news from Iraq

Cabinet Approves 3 Energy Deals, Delays 1 Sep 27th 2012, 00:46 By John Lee. Iraq’s cabinet has approved three oil and gas contracts awarded to foreign firms in the 4th round energy auction in May. Government spokesman Ali al-Dabbagh (pictured) said cabinet approved an initial gas exploration contract with Pakistan Petroleum for gas Block 8, another deal led by Russia’s Lukoil along with Inpex of Japan to develop oil Block 10, and the deal with Russia’s Bashneft to develop oil Block 12. Approval of a contract with a consortium led by Kuwait Energy, along with Dragon Oil and Turkiye Petrolleri, to develop oil Block 9 on the Iranian border has been delayed until the oil ministry “completes some of its procedures,” added Dabbagh. (Sources: Bloomberg, Reuters)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

Related Posts:

Tweet