Iraq fails to award most oil contracts in bid
China Daily | Updated: 2009-07-02 08:05
|
An oil collection facility in the southern Rumalia oil fields in Iraq. Bloomberg News |
DUBAI/LONDON: Iraq failed to award most contracts it offered on Tuesday in a bidding round aimed at attracting foreign partners and their cash, leaving the country seeking new ways to develop the world's third-largest oil reserves.
Photo
