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Iraq oil ministry delays Akkas gas deal

Oil&Gas Materials 25 February 2011 17:58 (UTC +04:00)
Iraq's oil ministry postponed the signing on Thursday of an initial deal with South Korea's KOGAS and Kazakhstan's KazMunaiGas to develop the Akkas gas field in western Anbar province.
Iraq oil ministry delays Akkas gas deal

Iraq's oil ministry postponed the signing on Thursday of an initial deal with South Korea's KOGAS and Kazakhstan's KazMunaiGas to develop the Akkas gas field in western Anbar province, Reuters reported.

Oil Minister Abdul Kareem Luaibi said the delay was due to continuing issues with provincial officials in Anbar province. The deal was earlier postponed because of disagreements with provincial authorities.

Akkas has estimated reserves of 5.6 trillion cubic feet.

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