Iraq to award new oil contracts on April 15

Iraq to award new oil contracts on April 15

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The Gaza Post|The News of Palestine-Baghdad

Iraq plans to award oil and gas exploration and development contracts in 11 new blocks on April 15, oil ministry spokesman Asim Jihad said on Sunday.

Bidding documents will be made available to oil companies planning to make offers on April 13, he told Reuters. The offers will have to be submitted on April 15 and the winners will be announced the same day, he added.

Iraq had initially set June 21 as the date to open the bids.

Source:Reuters

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