Baghdad, August 27 / August (Rn) – The Iraqi Ministry of Oil and federal, on Saturday, they began preparing information packages for the workplace covered by the oil licensing round four.
The Director General of the Department contracts, licenses, Abdul Mahdi al-Amidi, the Kurdish news agency (Rn) that “the Contracts and licenses began preparing information packages for the workplace covered by the licensing round will be held the fourth preparatory conference on 12 September next.”
The Iraqi Oil Minister Abdul-Karim and coffee had announced earlier this year for his willingness to launch a fourth round of licenses to foreign companies dedicated to invest 12 exploration blocks in the areas of crude oil and gas.
“The bags contain information on the precise details of the implementation mechanisms and sites of invasive Toutir covered by the fourth licensing round.”
He added by saying that “the bags will be distributed the information, in addition to the contracts as the primary global companies covered by the contracts department to enter into the tour, which hit the 40 international companies from different nationalities.”
A commission of oil and energy in the parliamentary first of last May that it had requested formally by the Ministry of oil licensing round, the fourth postponement of the lack of need for Iraq in the current stage.
And the failure of the House of Representatives to pass Bdorth previous oil and gas law, which was expected to rise oil situation if approved.
And announced that the Iraqi Oil Ministry in September / September last year that crude oil inventories in the country was 505 billion barrels of discovered fields that $ 66 oil fields, with total recoverable reserves of 143 billion barrels of oil.
And fired three rounds of investment licenses for oil fields and oil development.
Plans to increase Iraq’s oil exports during the next six years to 12 million barrels per day after obtaining the approval of the international oil (OPEC).
