Middle East Economic Survey


No 25



SOC Executives Move To Block Iraqi Bidding Round

The new head of Iraqs South Oil Company (SOC) is leading a campaign to halt Baghdads first upstream bidding round, due to be concluded at the end of the month. The protest by SOC management is the latest in a series of attempts to derail the bidding round, which involves the award of contracts for the development of 44bn barrels of crude oil and 22 trillion cu ft of gas, and which is...