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13 May 13:30

Chinese companies have won four bids to explore Iraq's oil and gas fields, while US oil majors were not involved.

Ana-Maria Tapescu

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International

Foto: pixabay.com

The oil and gas licenses for 29 projects are mainly aimed at boosting production for domestic use, with more than 20 companies pre-qualified, including European, Chinese, Arab and Iraqi groups. Chinese companies were the only foreign firms to win bids, snapping up nine oil and gas fields on Saturday, while Iraqi Kurdish company KAR Group took two.

Sources

Companii chineze vor exploata mai multe zăcăminte de petrol și gaze din Irak, al doilea cel mai mare producător din OPEC

Financial Intelligence

Companii chineze câştigă licitaţiile pentru a explora zăcăminte de petrol şi gaze din Irak - ministru irakian

Companii chineze au câştigat patru licitaţii pentru a explora zăcăminte de petrol şi gaze din Irak - ministru irakian

ȘTIRI PE ACELEAȘI SUBIECTE

International

The major state-owned oil companies in China have suspended purchases of Russian oil due to the sanctions imposed by the US on Rosneft and Lukoil.

International

The Chinese government has challenged the sanctions imposed by the USA and the EU against Russian oil companies, considering them illegal and without basis in international law.

International

Lukoil declared a major force majeure at the West Qurna-2 field in Iraq due to Western sanctions, and Iraq has stopped payments to the company.

International

Exxon Mobil has joined rival Chevron in analyzing the international asset acquisitions of the Russian company Lukoil, which is under sanctions.

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Chinese companies gas Iraq auction

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