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Iraq delays 4th energy round to May 30-31-official
Mon Jan 30, 2012 7:04pm GMT Print | Single Page [-] Text [+]
BAGHDAD Jan 30 (Reuters) - Iraq has delayed its 4th energy bidding round to May 30-31, when 12 new gas and oil exploration blocks will be auctioned to international energy firms, a senior oil official said on Monday.
The auction has been delayed several times and had been scheduled for April 11-12.
"The oil ministry has decided to delay the 4th bidding round until May 30-31 to give more time for the interested companies to study the new amended contract," said Abdul-Mahdy al-Ameedi, director of the oil ministry contracts and licensing directorate. (Reporting by Ahmed Rasheed; Editing by Jim Loney)
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Mon Jan 30, 2012 7:04pm GMT Print | Single Page [-] Text [+]
BAGHDAD Jan 30 (Reuters) - Iraq has delayed its 4th energy bidding round to May 30-31, when 12 new gas and oil exploration blocks will be auctioned to international energy firms, a senior oil official said on Monday.
The auction has been delayed several times and had been scheduled for April 11-12.
"The oil ministry has decided to delay the 4th bidding round until May 30-31 to give more time for the interested companies to study the new amended contract," said Abdul-Mahdy al-Ameedi, director of the oil ministry contracts and licensing directorate. (Reporting by Ahmed Rasheed; Editing by Jim Loney)
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