By John Lee. Iraq's Council of Ministers has approved a settlement terminating Pakistan Petroleum Limited (PPL)'s contract for Exploration Block 8. The recommendation to terminate came from the Ministerial Council for Energy, and involved the state-controlled PPL and the Ministry of Oil's Middle Oil Company. The settlement agreement includes closing all mutual obligations by paying […]
The post Pakistan Petroleum to pull out of Iraq's Block 8 first appeared on Iraq Business News.