Iraq opens bidding on 8 oil and natural gas fields (AP)

Iraq's Oil Minister, Hussain al-Shahristani, gestures as he speaks at a press conference in Baghdad, Iraq, Monday, June 30, 2008. The Iraqi government announced the opening of six oil fields for bidding from international firms in order to boost production. (AP Photo/ Khalid Mohammed)AP - Iraq opened international bidding for eight enormous oil and gas fields Monday, paving the way for investment in a nation with some of the world’s largest petroleum reserves.

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