Economics
Iraq Postpones Oil and Gas Auction
Ministry of Oil has reportedly postponed its oil and gas bidding round for 11 new blocks to 25th April. Abdul Mahdi al-Ameedi, director general of the Petroleum Contracts and Licensing Directorate, said that, “The bidding process was rescheduled to be on April 25 instead of April 15. It is just to give the companies a little bit more time to submit the bid bonds and be prepared for the bidding.”
Source: http://www.iraq-businessnews.com/2018/04/13/iraq-postpones-oil-and-gas-auction/
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