Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Iraq Postpones New Oil Bidding Round To January 2012 - Oil Minister

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 11:33 AM
Original message
Iraq Postpones New Oil Bidding Round To January 2012 - Oil Minister
http://www.foxbusiness.com/industries/2011/04/25/iraq-p... /

BAGHDAD -(Dow Jones)- Iraq will hold a fourth oil and gas licensing auction in January 2012, instead of the previously announced date of November this year, offering international companies some 12 exploration blocks located in various parts of Iraq, the country's oil minister said Monday.

The Iraqi oil ministry is offering seven blocks that are expected to contain mainly natural gas, while the remaining five blocks are containing crude oil, Abdul Kareem Luaiby told a news conference.

Iraq, which sits on the world's third largest oil reserves, has held three successful bidding rounds in the last few years to auction off 15 of the country's most prized oil and gas fields.

(that's all there is)

-interesting how the postponed it to AFTER the US pull out date of Dec. 31st 2011.

Strange things are afoot.
Printer Friendly | Permalink |  | Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC