Iraq Sets Out Timetable for Exploration Licensing Round

摘要

Iraq is hoping to drum up big interest in its first auction of exploration blocks -to be held next January -but companies have yet to sign up for the initial selection process. Abdul Mahdy al-Ameedi, the head of Iraq's Petroleum Contracts and Licensing Directorate (PCLD), told International Oil Daily on Thursday that, as of now, no firms have submitted documents to prequalify for the auction of 12 new oil and gas blocks, which is now scheduled for Jan. 25-26 -after being pushed back from November. The call went out on Apr. 14 for interested parties to hand in the required documents.