Monday, July 02, 2007
KRg to invite bids from foreign companies on 40 oil blocks
Oil, Kurdistan
(AME Info FZ LLC) - 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.
Labels: Ashti Hawrami, bids, foreign companies, investor conferences, KRG, oil
