for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Oil Report

Iraq won't delay oilfield auctions after bombings

BAGHDAD, Dec 8 (Reuters) - The Iraqi Oil Ministry said it will not delay the auction this week of 10 oilfield contracts after three bombs killed at least 62 people and wounded 105 on Tuesday.

“We are moving forward with the auction on Friday and Saturday as scheduled,” Sabah Abdul Kadhim, an official at the ministry’s petroleum licensing office told Reuters.

Executives from international oil companies are due in Baghdad on Dec 11-12 to attend the auction, at which the government is offering 20-year service contracts for 10 untapped oilfields. (Reporting by Ahmed Rasheed; editing by James Jukwey)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up