Iraq sets January bidding round date, amidst delays

The Oil Ministry has scheduled its fourth bidding round for Jan. 25 or 26, despite parliamentary opposition, and will release the list of pre-qualified companies next week.
Iraq sets January bidding round date, amidst delays
A representative of Kuwait Energy casts its winning bid for the Siba gas field as oil ministry leaders look on at the Oct. 20, 2010 licensing round. (BEN LANDO/Iraq Oil Report)

The Oil Ministry said it will hold the fourth bidding round on Jan. 25 or 26 of next year, and has scheduled a road show with foreign oil companies for Sept. 11, despite a proposal in Parliament to suspend new oil and gas deals.The companies will compete for 12 oil and gas exploration blocks.In addition to the 45 companies pre-qualified for the auction, 38 more firms filed applications with the Oil Ministry last month, according to Abdul Mahdi al-Ameedi, the director general of the minis...

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