Iraq to award new oil contracts on April 15

Flames emerge from flare stacks at the oil fields in Basra, southeast of Baghdad, Iraq January 17, 2017. (Reuters)

BAGHDAD: Iraq plans to award oil and gas exploration and development contracts in 11 new blocks on April 15, oil ministry spokemsan Asim Jihad said on Sunday.
Bidding documents will be made available to oil companies planning to make offers on April 13, he told Reuters. The offers will have to be subitted on April 15 and the winners will be announced the same day, he added.
Iraq had initially set June 21 as the date to open the bids.