Iraq pulls Basra gas field from bidding round - Forbes

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BAGHDAD -- Iraq has removed a small gas field in Basra from a list of 11 oil and gas fields being offered for development in its second round of postwar bidding.

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A top Iraqi official overseeing oil and gas licenses said Sunday that Iraq's state-run South Oil Co. will instead develop the Siba field in Basra rather than put it up for bidding. Nine international oil companies have qualified to take part in the second round of bidding slated to begin later this year.

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This page contains a single entry by Viraj published on July 26, 2009 1:48 PM.

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