Wednesday, 14 March 2012

Iraq pulls Basra gas field from bidding round

Iraq has removed a small gas field in Basra from a list of 11 oil and gas fields being offered for development in its second round of postwar bidding.

A top Iraqi official overseeing oil and gas licenses said Sunday that Iraq's state-run South Oil Co. will instead develop the Siba field in Basra rather than put it up for …

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