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 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.

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    Ministry presses forward on deals

    Abdul Karim Luaibi has been on the job less than a month, but his Oil Ministry appears to be building momentum toward holding a fourth bidding round and jump-starting stalled deals.

  • Iraqi Oil Minister Abdul Karim Luaibi (right) next to Transportation Minister Hadi al-Ameri and Vice President Adel Abdel Mahdi at the Transportation Ministry's oil development conference Jan. 12 (STAFF/Iraq Oil Report)

    Iraq targets logistics hurdles

    Iraq's Transportation Ministry holds a conference aimed to facilitate collaboration among government ministries and foreign oil companies in support of the upcoming, massive oil production increase.

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