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Oil bids test Iraq unity as resources loom large
Iraq prepares its first postwar oil auction amid a split between Baghdad and the semi autonomous Kurdish government and a wary parliament. Oil minister al Shahristani faces opposition while major firms Exxon Mobil Shell Repsol CNPC and Lukoil weigh a $2.6 billion loan aided program for service contracts on fields that could yield $16 billion.
MENTIONED IN THIS ARTICLE
Hussein
Hussain al- Shahristani
Iraq
Raja Kiwan
PFC Energy
al-Shahristani
Kiwan
Baghdad
Exxon Mobil
Royal Dutch Shell
Repsol
China National Petroleum & Chemical Corp
Russia
Lukoil
Kurt Glaubitz
Chevron Corp
Netherlands
Rex Tillerson
U.S
Ment
Jabir Khalifa Jabir
Oil and Gas Committee
Shell
Exxon
Standard Oil
Kurdistan
Kirkuk
Samuel Ciszuk
Middle East
IHS Global Insight