Nippon well placed in Nassiriya oil bid-Iraq official

Japan’s Nippon Oil Corp and partners have a good chance of winning a contract to develop the Nassiriya oilfield but negotiations are continuing over the financial terms of the project, Iraqi officials said Wednesday.

Japanese state banks backing the consortium in its bid for the super giant oilfield will meet Iraqi Oil Ministry and Finance Ministry officials next week in Istanbul, said deputy Iraqi oil minister, Ahmed al-Shamma.
Reuters