By John Lee.
Iraq is reported to have formally asked to buy ExxonMobil‘s share in the West Qurna 1 oil field.
Basra Oil Company (BOC) director, Khalid Hamza, told Reuters that the US company is attempting to sell its 32.7-percent stake for $350 million.
(Source: Reuters)
The post Iraq “formally asks” to buy Exxon’s West Qurna stake first appeared on Iraq Business News.