Middle East Economic Survey


No 35


Shahristani Vows To Resolve ‘Mismatch’ In Oil Project Bidding

The huge discrepancy in expectations between the Baghdad government and bidders in Iraq’s first bidding round, that almost resulted in the auction’s complete failure, will not be repeated when the Ministry of Oil comes to award its second licensing round in December, vows Iraqi Minister of Oil Husain al-Shahristani. With projects holding 131bn...