Middle East Economic Survey
VOL. LII
No 18
04-May-2009
IRAQ
Iraq Contract Revisions Clear Obstacles To Oil Expansion
By Rafiq Latta in London
Iraqs Ministry of Oil has made a number of key clarifications and changes in a final contract model for its first upstream licensing round that have gone a long way towards assuaging concerns from prospective bidders in what is the most eagerly anticipated oil investment opportunity in decades. In return Baghdad is seeking soft loans amounting to $2.6bn to...
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