East Baghdad ends day alone

Companies passed on East Baghdad, a massive field with massive potential problems.

The East Baghdad oil field holds 8.1 billion barrels, stretching from Baghdad and into Salahadin province. It is, however, next to and possibly runs below Sadr City, the often volatile poor section of Baghdad that is under full control of those loyal to cleric Moqtada Sadr.

Only the central and north parts of the field are up for auction, northwest of Diyala river. The southern part is allegedly being negoti...