Gas fields bidding round delayed to Oct. 20
Two new companies buy data packages for auction of three natural gas fields, which has been delayed again due to IOC concerns over contracts and politics.
Iraqi Oil Minister Hussain al-Shahristani (left) with Turkish Energy Minister Taner Yildiz at a press conference Sept. 19, 2010, after renewing an agreement on the northern Iraq export pipeline. (BEN LANDO/Iraq Oil Report)
BAGHDAD - International oil and gas companies interested in developing three of Iraq's natural gas fields will be given an additional three weeks to study the terms, a top ministry official confirmed Sunday.
Meanwhile Italy's Eni and Japan's Mitsubishi have purchased data packages, a requirement for bidding on the fields, said Abdul Mahdi al-Ameedi, the director general of the ministry's Petroleum Contracts and Licensing Directorate.
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