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Iraq "formally asks" to buy Exxon's West Qurna stake

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Iraq "formally asks" to buy Exxon's West Qurna stake

2021-05-12 00:00:00 - From: Iraq Business News


By John Lee. Iraq is reported to have formally asked to buy ExxonMobil's share in the West Qurna 1 oil field. Basra Oil Company (BOC) director, Khalid Hamza, told Reuters that the US company is attempting to sell its 32.7-percent stake for $350 million. More here. (Source: Reuters)

The post Iraq "formally asks" to buy Exxon's West Qurna stake first appeared on Iraq Business News.