Middle East Economic Survey

VOL. LIII

No 38

20-Sep-2010

IRAQ

Baghdad Sweetens Terms For Gas Bidding Round

Iraq has improved terms ahead of its third upstream bidding round, critically committing to purchase 100% of the gas to be produced from the three non-associated gas fields on offer, a potential bidder at the auction tells MEES. The final contract and tender protocol, released on 10 September, dropped a previous commitment to buy only half of the gas and introduced a number of other changes (...