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I Get By With Alittle Help From My Friends.... » Iraqi Dinar » Iraqi News » Iraqi Oil » Iraq eyeing decision on key oilfield

Iraq eyeing decision on key oilfield

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1Iraq eyeing decision on key oilfield Empty Iraq eyeing decision on key oilfield Sat Jul 11, 2009 5:35 am

Roxy

Roxy



Iraq eyeing decision on key oilfield
Tokyo: 1 hour and 56 minutes ago
Iraq eyeing decision on key oilfield Spacer

Iraq eyeing decision on key oilfield Iraq
Iraq hopes to reach a decision in less than a month on the engineering, procurement and construction contract for the huge Nassiriya oilfield, the country's oil minister said.
Leading Japanese refiner Nippon Oil, together with oil explorer Inpex and plant engineering firm JGC, are vying with Italy's Eni for the oilfield's contract, said a report in our sister publication, the Gulf Daily News.
Oil Minister Hussain Al Shahristani, in Japan to meet with government officials and companies including Nippon Oil, said he hoped 'it wouldn't take more than a month' to reach a decision.
'We are at the final stage of choosing the winning bid,' and an announcement will be made as soon as financial arrangements are finalised, he said.
Japanese Trade Minister Toshihiro Nikai, who met Al Shahristani on Thursday, said the Japanese government was giving full support to the participation of Japanese companies in Iraqi projects. – TradeArabia News Service

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