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Iraq says qualifies 41 companies for 4th energy bid
BAGHDAD : Iraq has qualified 41 companies to participate in its 4th energy bidding round, which is scheduled to take p
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BAGHDAD: Iraq has qualified 41 companies to participate in its 4th energy bidding round, which is scheduled to take place in late January, Abdul-Mahdy al-Ameedi, director of the oil ministry's contracts and licensing directorate, told Reuters on Sunday.
The 4th bidding round for 12 new exploration blocs is expected to add 29 trillion cubic feet of gas and 10 billion barrels of oil to Iraqi reserves from the auction.
Copyright Reuters, 2011
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