Representatives of a Japanese consortium led by Nippon Oil Corp. (5001.TO) will meet Sunday with Iraqi oil ministry officials to finalize a deal to develop Nassiriyah oil field in southern Iraq, a senior Iraqi oil official said Thursday.
"I have been informed to meet with Nippon on Sunday," said Sabah Abdulkadhem al-Saadi, head of the legal and commercial department at the oil ministry's Petroleum Contracts and Licensing Directorate.
Saadi said the meetings which are likely to be spread over a few days starting Sunday, are expected to finalize an engineering, procurement and construction deal to develop Nassiriyah oil field.
"If they [Nippon's representatives] agree to our conditions, we could draft an agreement and sign it," Saadi told Dow Jones Newswires by telephone from Baghdad.