Iraq’s Oil Exports Outlets – By Issam al-Chalabi
Author: Ruba Husari
IOF Editor
Final Tender Protocol – Excerpts
Final Tender Protocol – Excerpts Bidding Schedule Dec. 11-12 Process Timeline: Bidding, Ratification, Signature Bidding Parameters & Bid Score Formula The Final 44 Pre-qualified Entities The 10 Contract Areas: Current Production, Minimum Plateau Production Targets, Plateau Duration, Signature Bonus, Minimum Expenditure Obligation
Early Bonanza
There is a bonanza for international oil companies who managed to make an early entry into Iraq. Operators like BP, Eni, Exxon Mobil – and to a certain extent CNPC which managed to convert its 1997 production sharing agreement for the development of Al-Ahdab field into a service contract last year – will have first call on the limited infrastructure capacity to absorb the new crude they will start pumping…
Mr. Five Percent
I was privileged two years ago to be invited, as an observer, to attend a roundtable in Paris where about 30 Iraqis from inside and outside of Iraq, with experience in government and the oil sector, convened over three days to discuss in a candid and open manner how to define an oil policy for Iraq. To my surprise – and the shock of everyone else in the room –…