Iraq is still negotiating with Shell, BP, ExxonMobil, Chevron and Total, and a consortium of other smaller oil companies, to develop six oil blocks and two gas fields, Oil Minister Hussein al-Shahristani told a press briefing.
"We did not finalise any agreement with them because they refused to offer consultancy based on fees as they wanted a share of the oil," he said.
Tuesday, July 1, 2008
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