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Iraq opens six oil fields for bidding
willhelm
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6-30-2008 9:24 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/43cb9db9-09e1-45a0-af84-69ee03c3da1c/D47D8DE1-7A7A-4E2B-906B-CDEA8659BE2C/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.foxnews.com/story/0,2933,373587,00.html" href="http://www.foxnews.com/story/0,2933,373587,00.html" style="font-size: 11px;">www.foxnews.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foxnews.com/story/0,2933,373587,00.html"><P>Oil Minister Hussain al-Shahristani says 35 oil companies qualified for bidding, including several majors from the West, such as Shell, BP, Exxon Mobil and Total.</p> <P>He says the oil fields are: Rumeila, Zubair, Qurna West, Maysan, Kirkuk and Bay Hassan.</p> <P>All the fields are already producing oil, but al-Shahristani said Monday the new contracts would raise Iraq's production by 1.5 million barrels per day.</p> <P>The deadline for the bids is the end of March 2009, and preliminary contracts will be signed next June.</p> <P>Al-Shahristani says Iraq will also open natural gas fields of Akkaz and Mansouriyah for bidding. He gave no timeframe for that.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D47D8DE1-7A7A-4E2B-906B-CDEA8659BE2C/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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