Dec 1, 2010

Iraq expects to initial Akkas gas deal within days



Iraq expects to sign an initial contract for the Akkas gas field within days, a senior Iraqi oil official said on Wednesday, after a delay due to a row between the oil ministry and local authorities over exports.
South Korea's KOGAS and Kazakhstan's KazMunaiGas won a deal on Oct. 20 to develop the western Akkas gas field, near the Syrian border, in Iraq's third energy auction since the 2003 U.S.-led invasion.
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Source: Reuters

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