Conscious / Baghdad / o C
10/10/2009 10:50pm
The Ministry of Oil signed a contract to develop the southern Rumaila oil which increases the daily production is currently one million barrels, with two British and China together won a contract of service in the first round of licensing.
The foreign ministry spokesman Asim Jihad told a news reporter transferred (Agency Anabaalaalam Iraqi / conscious) that the contract was signed on Thursday initialed with the companies of British Petroleum, British and Chinese National Oil Company will be referred to Cabinet for approval.
The jihad that the duration of the contract would amount to nearly 20 years may be extended, saying the two companies to accept the condition set by the ministry is to pay two dollars for every barrel of new results in this field.
10/10/2009 10:50pm
The Ministry of Oil signed a contract to develop the southern Rumaila oil which increases the daily production is currently one million barrels, with two British and China together won a contract of service in the first round of licensing.
The foreign ministry spokesman Asim Jihad told a news reporter transferred (Agency Anabaalaalam Iraqi / conscious) that the contract was signed on Thursday initialed with the companies of British Petroleum, British and Chinese National Oil Company will be referred to Cabinet for approval.
The jihad that the duration of the contract would amount to nearly 20 years may be extended, saying the two companies to accept the condition set by the ministry is to pay two dollars for every barrel of new results in this field.