Sinan Mahmoud
Jun 18, 2023
Synopsis
Iraq is inviting international energy companies to participate in an upcoming bidding round for exploring and developing natural gas reserves. The country is offering 11 gas exploration blocks, which are described as promising, in different parts of Iraq. Interested companies are invited to submit their requests to the oil minister, with no specified deadline. The government assures to provide necessary facilities and support to the participating companies. This bidding round marks the sixth since 2009.
The Opec member is offering 11 gas exploration blocks in different parts of the country
Iraq is inviting international energy companies to take part in an energy bidding round to explore and develop natural gas reserves, the country’s oil minister said on Sunday.
Hayan Abdel-Ghani said 11 gas exploration blocks in different parts of the country would be on offer and described them as “promising”.
Of those, eight blocks are in Anbar province in western Iraq, while two are shared by Anbar and Nineveh in northern Iraq and Najaf province in the south. The last block is in Nineveh province.
Mr Abdel Ghani invited interested international companies in “exploration, development and production” to submit their requests to the oil minister. He didn’t specify a deadline.
“The oil minister and concerned parties pledge to offer all the needed facilities and support to the companies,” he said in pre-recorded video speech.
The coming bidding round will be the sixth since 2009.
Source: www.thenationalnews.com
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