National wells trade just started on the ground
by Emanuele Bonini
Auctions will be held at last. Six oil mines and two gas mines, for a total of eight, are now for sale in Iraq. It could be useless to say, but these mines are now available for foreign companies. This finally reveals the true reasons behind the Iraqi government choices and military actions in the country once led by Saddam Hussein. The government in Baghdad just of the former rais. The government has already given British BP and Chinese CNPC the green light to the exploitation of the Rumaila oil fields. To the auction took part Italian Eni and Edison, too. The group lead by Paolo Scaroni is still waiting for an answer about the oil field in Nasiriyah (where the Italian military contingent is operating. A case?). Scaroni's offering seems to have been judged as excellent, but the outcome still has to be made public. However the final result appears ad obvious. Anyway it is just question of what company - and so what Country - will be able to grab the Iraqi oil. In Iraq about 110 billion barrels of oil reserves are at stake.
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| source: Asianews |
Auctions will be held at last. Six oil mines and two gas mines, for a total of eight, are now for sale in Iraq. It could be useless to say, but these mines are now available for foreign companies. This finally reveals the true reasons behind the Iraqi government choices and military actions in the country once led by Saddam Hussein. The government in Baghdad just of the former rais. The government has already given British BP and Chinese CNPC the green light to the exploitation of the Rumaila oil fields. To the auction took part Italian Eni and Edison, too. The group lead by Paolo Scaroni is still waiting for an answer about the oil field in Nasiriyah (where the Italian military contingent is operating. A case?). Scaroni's offering seems to have been judged as excellent, but the outcome still has to be made public. However the final result appears ad obvious. Anyway it is just question of what company - and so what Country - will be able to grab the Iraqi oil. In Iraq about 110 billion barrels of oil reserves are at stake.
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