VOL. XLII
No. 28
12-July-1999
IRAQ
Iraq Intensifies Buy-Back Negotiations With Foreign OilFirms As Upstream Opening Remains Elusive
During the past few weeks the Iraqi oil authorities haveintensified their talks with international oil companies concerning theconclusion of buy-back deals instead of production-sharing agreements, MEES understands.The buy-back talks started in late 1997 (MEES, 12 January 1998) but haveonly gained momentum in recent months. Among the companies that haveparticipated...
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