Friday, January 30, 2009

Iraq to Open More Oil Fields to Bids

BAGHDAD — Iraq announced on Wednesday that it would launch a second round of bids to license international oil companies to develop 11 oil and gas fields or groups of fields.

Iraq’s oil minister, Hussein al-Shahristani, said at a news conference that he hoped that these fields could be producing 2 to 2.5 million barrels a day in three or four years...

[everyone but u.s.]

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