Iraq "formally asks" to buy Exxon's West Qurna stake
2021-05-12 00:00:00 - Source: Iraq 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)