Iraq Gas Auction
Murat F. Karci, of TPAO, or Turkish Petroleum Corp, submits a sealed bid during the licensing round in Baghdad, Iraq, Wednesday, Oct. 20, 2010. Korea Gas Corp., or KOGAS, and Kazakhstan's KazMunaiGas EP JSC beat out a consortium grouping France's Total SA and the Turkish Petroleum International Co., or TPAO, for the 5.6 trillion foot Akkas gas field in western Iraq, the largest of the three fields offered during the licensing round. (AP Photo/Khalid Mohammed)