MoO Announce 23rd Jan for Nasiriya Integrated Project Licensing Round

The Iraqi ministry of oil announced that Al-Nasiriya Integrated Project Petroleum Licensing Round will be conducted on January 23rd 2014.

 The MoO and by its official spokesman Asim Jihad stated that  “ the ministry assigned this date instead of the last December 19th because it came during the Christian holidays seasons, where the international oil companies are busy celebrating and most of its employees are on vacations”.

The spokesman indicated that 48 IOCs applied to participate in the licensing round of Al-Nasiriya Integrated Project, among them are 13 companies specialized in Oil Refinery construction and operation”.

The Al-Nasiriya Integrated Project aims to  develop the 4+ billion barrel Nasiriya oil field in Thi Qar province together with the construction and operation of a new 300,000 barrel per day refinery.

Japan's Nippon Oil Corporation withdrawn from the Nasiriya oil field development contract which it won in 2009 because negotiations with the Oil Ministry reached a dead end.

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