Negotiations on joint venture company to capture wasted natural gas have ended and project will be put to tender, said Iraqi Minister of Electricity.
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Most of Iraq's border oil fields contain landmines left from previous wars, but must be removed to boost production.
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Take a walk down the most valuable sidewalk in the world -- the al-Basra Oil Terminal, which Iraq relies on to send nearly 80 percent of its crude to market.
An $85M a day task
Iraq could export more crude from its southern al-Basra Oil Terminal if there was development onshore of key infrastructure, terminal manager Shukour Taha says.
Iraq in the Crude World: Part 1
A stunning and revealing examination of oil's indelible impact on the countries that produce it and the people who possess it.
The biggest job
Iraq's young navy and marines and their American and British counterparts are in a race against time to ensure the safety of the country's most important piece of infrastructure, the al-Basra Oil Terminal.
Iraq deals could be boost to oil firms' books
Exxon Mobil is the biggest of the foreign oil firms with new deals in Iraq that are confident they can book the fields' reserves, make shareholders happy.
An $85M a day task
Iraq could export more crude from its southern al-Basra Oil Terminal if there was development onshore of key infrastructure, terminal manager Shukour Taha says.
