KAR Group wins Ninewa gas block
Iraq's Oil Ministry has now awarded 13 new projects across three days of bidding in the five-plus and sixth licensing rounds.Iraqi Oil Minister Hayyan Abdulghani (second from right) presides over the third day of bidding on contracts offered in the five-plus and sixth licensing rounds at the Oil Ministry headquarters in Baghdad on May 13, 2024. (Photo credit: Oil Ministry)
The Oil Ministry awarded one more project on the third and final day of the five-plus and sixth licensing rounds, as the Iraqi Kurdish company KAR Group won the Al-Khlisiya gas exploration block in Ninewa province, near the Iraq-Syria border.
Out of the 29 projects offered in the two concurrent licensing rounds, 13 contracts were awarded: 10 to Chinese firms and three to KAR Group.
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