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HomeBreadcrumbCalendarsBreadcrumbEconomic Calendar

Iraq and BP may sign oil deal

February - December 2013 To be announced
Iraq

Published: 17 Jan 2013 | By Mohammed Sheriff and 1 other | Last updated: 17 Jan 2013
   
Iraq and BP may sign oil deal -
Oil barrels
flickr-ezioman
Iraq may sign a multi-billion pound deal with BP to double the output from the country's giant Kirkul oil field in northern Iraq.


Head of Iraq's oil ministry's petroleum contracts Abdul Mahdy al-Ameedy said that a request was sent to the cabinet to approve contract negotiations with the BP on developing the Kirkuk oil field.


Production at Kirkuk has been waning in recent years, down to 260,000 barrels a day compared to the 900,000 per-day output in the early 2000s.


If approved, the deal will see output at the oil field rise to 600,000 barrels a day.

Source
Iraq Cabinet Urged to OK BP Talks on Kirkuk Upgrade www.foxbusiness.com
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About this event
Created by Mohammed Sheriff
on Thu 17 Jan 2013
Modified by Yafit LazarLast modified by Yafit Lazar
on Thu 17 Jan 2013
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Location: Iraq
Expected date: February - December 2013
Planning: date is to be announced
Event is: today

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