Korea Gas to sell stake in Iraq


(MENAFN) Korea Gas Corp. (KOGAS) said that it plans to decrease its stake in Iraq's Akkas gas field, according to Arab News



The company's gas field location, which lies in Anbar near the Syrian border, forced the company to consider its plan as violence and war in Syria have affected its performance



The company did not reveal how large a stake it wanted to sell, and it also announced that no sale process had yet started


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