Iraq's oil bidding delayed by a day due to sandstorm

Oil Ministry spokesman Assem Jihad said the airport closure had prevented representatives of international oil companies from landing in Baghdad.

By
June 29, 2009 10:40

Iraq has delayed its first oil-bidding process in over 30 years by one day after a sandstorm forced the Baghdad airport to close. Iraq had been planning to award eight gas and oil fields to international oil companies for long-term development on Monday and Tuesday. Oil Ministry spokesman Assem Jihad said Sunday the airport closure had prevented representatives of international oil companies from landing in Baghdad. He said the process would instead begin on Tuesday and could be consolidated into one day instead of two as had been planned.


Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS

Cookie Settings