JEDDAH - Turkish Energy & Natural Resources Minister Hilmi Guler has welcomed the Iraqi Oil Ministry`s decision to add Turkish Petroleum Corporation in the list of oil firms permitted to bid for future oil and gas deals in Iraq.
In an interview with the A.A, Guler, who is currently in Jeddah, Saudi Arabia to attend the International Energy Meeting, said, "we know about the geology of the region better than anyone. We carried out some joint projects with Iraq in the past."
The Iraqi Oil Ministry added six more oil companies to a list of 35 permitted to bid for future oil and gas deals. Those are state-owned firms from Turkey, Vietnam, Pakistan, Thailand, Angola and Algeria. Last April, Iraq accepted 35 international oil companies out of more than 70 firms that applied to the ministry for permission to make bids.
(UK-MS)