Iraq to Auction 12 New Oil Exploration Blocks

- May 28th, 2012

Reuters reported that Iraq has decided to auction 12 new oil and gas exploration blocks.

Reuters reported that Iraq has decided to auction 12 new oil and gas exploration blocks.

As quoted in the market news:

The auction, now scheduled for Wednesday and Thursday, has already been postponed several times by the oil ministry to address complaints by potential bidders about contract terms.

Click here to read the full Reuters report.

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