KRG Approves  Oil Deal

KRG Approves Oil Deal

The Kurdistan Regional Government in Iraq has approved a major new oil field development majority-owned by Hungary's MOL, the Rigzone reported. The minister of natural resources has agreed to the field development plan of the Akri-Bijeel Block adjacent to the region's largest oil field, Shaikan, a year after MOL found enough oil to make the project commercially viable.


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