Gas companies bidding to develop three Iraqi gas fields (Mansouriya, Akkas, and Siba) have had the terms of the deal clarified. Reuters reports that the companies will not have to develop export facilities or pipelines, and that the Oil Ministry will pay the companies anyway so long as they have done the required work (even […]
Tag Archives | Mansouriya
Iraqi Gas Auction to be Delayed?
Iraq is still planning to hold a licensing auction to award three major gas field licences as scheduled on 1st October, but according to Dow Jones, an Iraqi oil official has conceded that a delay is possible. Eleven international companies have paid the participation fees. They are reported to include Italy's Edison (EDN.MI), France's Total […]