Exxon To Reconsider Kurdistan Deal - Iraqi PM

Iraqi Prime Minister Nouri al-Maliki told AFP Thursday that oil giant ExxonMobil Corp has promised to reconsider an exploration deal with Iraqi Kurdistan that Baghdad has strongly opposed. "We had a meeting with (Exxon) in Washington and we discussed the contracts, some of which are located in disputed areas," Maliki told AFP in an exclusive interview as he flew back to Iraq from Washington
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Πεμ, 15 Δεκεμβρίου 2011 - 19:16

Iraqi Prime Minister Nouri al-Maliki told AFP Thursday that oil giant ExxonMobil Corp has promised to reconsider an exploration deal with Iraqi Kurdistan that Baghdad has strongly opposed.

"We had a meeting with (Exxon) in Washington and we discussed the contracts, some of which are located in disputed areas," Maliki told AFP in an exclusive interview as he flew back to Iraq from Washington.

"They promised to reconsider their decision," Maliki said.

Kurdistan, a semi autonomous region, on Oct. 18 inked a deal with Exxon for it to explore six areas, but Baghdad regards any contracts not signed with the central government as invalid.

An official with the Iraqi oil ministry said that two of the areas--Al-Qosh and Bardarash--are actually parts of Nineveh province that Kurdistan wants to annex into its autonomous region, a move Baghdad opposes.

The Kurdistan contract potentially puts an Exxon contract with the Iraqi government in jeopardy.

In January 2010, Iraq's oil ministry completed the deal with Exxon and Anglo-Dutch giant Royal Dutch Shell to develop production at West Qurna-1, which with reserves of about 8.5 billion barrels is the country's second-biggest field.

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