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NEWSALERTS
Iraq: Shahristani came out of the bidding round stronger than ever (40$)
Posted on: Wed, Jul 01, 2009
The Iraqi Oil Ministry held on 30/6/9 a first bidding round of oil service contracts and ended up with only one contract being awarded to BP-CNPC alliance. Although the bidding round was described as a failure, the impression in Baghdad is completely different. The following 436-word report shed light on the issue and tells how Shahristani came out of the oil auction much stronger.