Iraq: 4th bidding round, incentives and advantagesnote

Iraqi PM Nouri Al-Maliki is said to have prepared some incentives and advantages to the oil and gas companies to encourage them to bid for 12 oil and gas blocks offered at auction in the 4^th bidding round, which is scheduled to be held on May 30 and 31. The following 392-word report sheds light on the subject and tells what about these incentives and advantages.