Economics
Iraq to offer better terms for oil contracts
Iraq’s Deputy Prime Minister with responsibility for energy affairs, Hussein al-Shahristani, has reportedly said that Baghdad was considering offering foreign oil firms more lucrative contracts. He admitted that the recent fourth auction of exploration blocks had not been as successful as officials had hoped. (Iraq Business News)
Source: http://www.iraq-businessnews.com/2012/08/24/iraq-to-offer-better-terms-for-oil-contracts/
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