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FINANCIAL NEWS
Iraq- Two oilfields in Karbala listed for licensing
04 Aug 2010
(MENAFN) An official in the Iraqi government said that two oilfields in western Karbala have been listed by the oil ministry within its next oil licensing round, Aswat Al Iraq reported.
The ministry listed the two oilfields of Naft al-Khadiera, which were discovered in 1991, in Ain al-Tamr district, within the next licensing round to be invested by global companies specialized in oil industry, the official added.
It is worth mentioning that Karbala is 110 km southwest of Baghdad.
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