Iraqi News
Only 3 of 12 lots sold in Iraqi energy auction
Iraq's government signed deals for only three of 12 oil and natural gas exploration sites offered in a two-day energy auction that ended Thursday, reflecting reluctance of foreign bidders to risk their money in unexplored areas.The auction was Iraq's fourth since 2009 and was meant to attract foreign investment in the country's crucial energy sector, particularly natural gas exploration. In previous
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