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Just One Block Sold on First Day of Iraq Energy Auction

Iraq on Wednesday kicked off a two-day auction of a dozen energy exploration blocks, but hopes that the sale would up reserves and boost its role as a key producer were dampened when just one deal was agreed.

http://www.wusa9.com/video/1663891623001/1/Just-One-Block-Sold-on-First-Day-of-Iraq-Energy-Auction http://cdn.newslook.com/89/89b81aa957e3cfba36f1d5b771199200/images/frame_0001.jpg Just One Block Sold on First Day of Iraq Energy Auction Iraq on Wednesday kicked off a two-day auction of a dozen energy exploration blocks, but hopes that the sale would up reserves and boost its role as a key producer were dampened when just one deal was agreed. auctionAbdelkarim al-LuaybiUnited StatesXOMBaghdadNewsExxon Mobil CorporationIraqbusinessMiddle East & North AfricaoildubaiAbdel Mehdi al-AmidimoneynewslookWorldiranFinanceinternationalRussiaturkeyenergyRuba Husaribritainmiddle east 00:35

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