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Kurds offer 40 oil blocks
- Iraq: Sunday, July 01 - 2007 at 07:36
The Kurdish regional government in Iraq is to invite bids from foreign companies for 40 oil blocks with a view to the new national oil law being agreed shortly, reported Reuters. The authority is planning investor conferences in Erbil, London and possibly Houston and its Oil Minister Ashti Hawrami said firms which are in a position to 'organise themselves quickly' will be in pole position to win the tenders.
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Jonathan Sheikh-Miller, Deputy EditorSunday, July 01 - 2007 at 07:36 UAE local time (GMT+4)
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