Iraq agrees to the participation of Exxon Mobil
Posted: Sat Feb 04, 2012 11:15 amIraq agrees to the participation of Exxon Mobil in the fourth round of licenses
04/02/2012 13:51
Baghdad, January 4 (Rn) - The Iraqi Oil Ministry, Saturday, that Exxon Mobil will participate in the licensing round, the fourth with the participation of 37 companies worldwide. offered contracts initial Balriqa expedition's 12 locations oil and a gas in Iraq, 46 foreign companies will involved in the licensing round. and had announced the launch of oil licensing round fourth on April 25 / April this year dedicated to the exploration for oil and gas in 12 locations. and Iraq had signed contracts with international companies to develop 11 oil fields discovered in the three rounds of the licenses would raise production the country's crude oil to 12 million barrels per day within the next six years from 2.4 million per day currently. This is the first time I had offered to Iraq sites exploratory investment since the fall of the former Iraqi regime in 2003. Iraq has the fourth-largest oil reserves in the world, and constitute oil revenues, 95 per cent of the state budget, fiscal, but differences over the validity of management of oil wealth to prevent the issuance of a law regulating the affairs of the oil and energy in the country. said Director-General of the contracts and licenses in the Ministry Abdul-Mahdi al-Amidi told the Kurdish news agency (Rn) that "Exxon Mobil will in the licensing round, the fourth to be held on May 30 next. " "We have not issued any ministerial decision of no action Exxon Mobil to participate in the licensing round, the fourth, which will involve about 37 companies." He said, "the ministry continues to Ttaghizalastaadadat necessary to hold a licensing round, the fourth to drill 12 locations oil. " and said Exxon Mobil U.S., which is developing oil fields in the province of Basra, it's got the approval of al-Shahristani to work in the Kurdistan region in the field of oil exploration. and the Council of Ministers approved the Iraqi draft law of oil and gas in 2007 but faced objections Kurdish, see observers that he represents the differences between Arbil and Baghdad on sharing oil revenues and control over some fields in northern Iraq and the Kurdistan region. and will determine the law, the party that controlled the Iraqi oil reserves huge, the fourth-largest reserves in the world and also aims to attract foreign investors. Iraq is seeking to increase production capacity in the coming years to reach 12 million barrels a day. Allonan of Jafar, the Open: MM
http://www.aknews.com/ar/aknews/2/288070/
04/02/2012 13:51
Baghdad, January 4 (Rn) - The Iraqi Oil Ministry, Saturday, that Exxon Mobil will participate in the licensing round, the fourth with the participation of 37 companies worldwide. offered contracts initial Balriqa expedition's 12 locations oil and a gas in Iraq, 46 foreign companies will involved in the licensing round. and had announced the launch of oil licensing round fourth on April 25 / April this year dedicated to the exploration for oil and gas in 12 locations. and Iraq had signed contracts with international companies to develop 11 oil fields discovered in the three rounds of the licenses would raise production the country's crude oil to 12 million barrels per day within the next six years from 2.4 million per day currently. This is the first time I had offered to Iraq sites exploratory investment since the fall of the former Iraqi regime in 2003. Iraq has the fourth-largest oil reserves in the world, and constitute oil revenues, 95 per cent of the state budget, fiscal, but differences over the validity of management of oil wealth to prevent the issuance of a law regulating the affairs of the oil and energy in the country. said Director-General of the contracts and licenses in the Ministry Abdul-Mahdi al-Amidi told the Kurdish news agency (Rn) that "Exxon Mobil will in the licensing round, the fourth to be held on May 30 next. " "We have not issued any ministerial decision of no action Exxon Mobil to participate in the licensing round, the fourth, which will involve about 37 companies." He said, "the ministry continues to Ttaghizalastaadadat necessary to hold a licensing round, the fourth to drill 12 locations oil. " and said Exxon Mobil U.S., which is developing oil fields in the province of Basra, it's got the approval of al-Shahristani to work in the Kurdistan region in the field of oil exploration. and the Council of Ministers approved the Iraqi draft law of oil and gas in 2007 but faced objections Kurdish, see observers that he represents the differences between Arbil and Baghdad on sharing oil revenues and control over some fields in northern Iraq and the Kurdistan region. and will determine the law, the party that controlled the Iraqi oil reserves huge, the fourth-largest reserves in the world and also aims to attract foreign investors. Iraq is seeking to increase production capacity in the coming years to reach 12 million barrels a day. Allonan of Jafar, the Open: MM
http://www.aknews.com/ar/aknews/2/288070/