Iraq’s move to rush oil bidding could deter some firms

Washington Post -

Washington Post—Iraq is opening more of its untapped oil and gas resources to foreign developers, hoping to boost revenues after its costly war with the Islamic State group, but analysts say the rushed bidding process — now timed to precede national elections — could draw a lukewarm response.

Iraq's move to rush oil bidding could deter some firms. BAGHDAD (AP) -- Iraq is opening more of its untapped oil and gas resources to foreign developers, hoping to boost revenues after its costly war with the Islamic State group, but analysts say the rushed bidding process - now timed to precede national elections - could draw a lukewarm response....