A delegation of Romgaz officials will be in Jordanian capital Amman on Sunday for a presentation given by Iraqi Oil Minister Abdul-Kareem Luaibi, the people told MEDIAFAX.
The authorities in Baghdad plan to auction seven gas exploration blocks and five oil ones to foreign companies in January 2012. It will be the fourth international sale since Saddam Hussein’s regime was brought down in 2003.
Around 46 companies are expected to bid in the auction.
Romgaz is one of Romania’s top natural gas producers, with a reported output of 2.85 billion cubic meters in the first half of the year.
The company is majority owned by the Economy Ministry, with an 85.01% stake.