BAGHDAD, April 1 (Reuters) - Iraq plans to award oil and gas exploration and development contracts in 11 new blocks on April 15, oil ministry spokesman Asim Jihad said on Sunday. The oil ministry announced on Thursday measures to reduce the fees received by the oil companies from the government in the new contracts.
Iraq's Oil Ministry brings forward the proposed date for awarding oil exploration contracts for new fields offshore and near the Iranian and Kuwaiti borders to April 15.