Subscribe 

Oil Ministry HQ likely to host Dec. bidding round

Companies prefer Green Zone hotel, but conflicting bookings are forcing the ministry to go back to its original plan to host the oil auction at home.

BAGHDAD - The oil ministry is now making plans to host the Dec. 11-12 oil bidding rounds at its Baghdad headquarters instead of the al-Rashid Hotel in the more secure Green Zone.

The headquarters was the original location slated for the auction, which will see as many as 44 foreign oil companies in a bidding war for 10 oil field projects. A June 30 auction was held at the Rashid Hotel.

Login to your account