Mixed signals from Oil Ministry on new offer from Chinese consortium for fields offered in first bidding round, which include famed Fakka field that saw Iranian occupation.
Production & Exports
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Iraq and Japanese consortium unable to reach deal on southern oil field after more than a year of talks.
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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.
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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.
