[Danton]

The Iraqi government is having the biggest sale of oil assets in history as it is putting 40 billions of barrels up for sale.

The biggest ever sale of oil assets will take place today, when the Iraqi government puts 40bn barrels of recoverable reserves up for offer in London.

BP, Shell and ExxonMobil are all expected to attend a meeting at the Park Lane Hotel in Mayfair with the Iraqi oil minister, Hussein al-Shahristani.

Access is being given to eight fields, representing about 40% of the Middle Eastern nation's reserves, at a time when the country remains under occupation by US and British forces.

Iraqi government fuels 'war for oil' theories with biggest ever reserves sale | Business | The Guardian