An Iraqi oil official says the country is considering a proposal for British oil giant BP to begin work on a major oil field that lies in territory contested by Baghdad and the minority Kurds.
The head of the Oil Ministry's
petroleum contracts and licensing division, Abdul-Mahdi al-Ameedi, told reporters that the
plan aims to boost output at the Kirkuk oil field, where production has been
declining.
He says BP's offer has been sent to the
Cabinet for consideration, though no deal has been approved yet.
BP spokesman Toby Odone says Iraq requested a proposal for
work at the field. He declined to give details, including about the scale of
any potential investment.
No comments:
Post a Comment