Iraq Would Favour CNPC & Lukoil Bids for W. Qurna 1
Source: Reuters 11/16/2012, Location: Middle East
Iraq has informed Russia's LUKOIL and China's CNPC it would favour their bids if they decided to buy Exxon Mobil's stake in the West Qurna-1 oilfield, oil ministry sources said.
"During two separate meetings with executives from CNPC and LUKOIL, Iraq informed the companies that it favours their contribution to purchase Exxon's share in West Qurna-1 oilfield," a senior Iraqi oil ministry official told Reuters.
"During two separate meetings with executives from CNPC and LUKOIL, Iraq informed the companies that it favours their contribution to purchase Exxon's share in West Qurna-1 oilfield," a senior Iraqi oil ministry official told Reuters.
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