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Fri Oct 12, 2012, 06:39 PM

Iraq Wants Russians To Replace Exxon At West Qurna: Report [View all]

MOSCOW (Reuters) - Iraq is considering replacing ExxonMobil with Russian companies at the supergiant West Qurna-1 oilfield, after the U.S. major angered Baghdad by venturing into Kurdistan, according to a media report citing industry sources.

The northern Kurdish region has riled Baghdad by signing deals with foreign oil majors, such as Exxon, Total and Chevron, contracts the central government rejects as illegal.

Nefte Compass, a weekly energy newsletter about the FSU and Eastern Europe, said on Thursday that Iraq is weighing whether to replace Exxon with Russia's LUKOIL and Gazprom Neft - both already involved in the country.

It said that the proposal was due to be raised at a meeting this week between Iraqi Prime Minister Nouri al-Maliki and Russian President Vladimir Putin.

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http://news.yahoo.com/iraq-wants-russians-replace-exxon-west-qurna-report-124254148--finance.html

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Reply Iraq Wants Russians To Replace Exxon At West Qurna: Report [View all]
Purveyor Oct 2012 OP
leveymg Oct 2012 #1
rachel1 Oct 2012 #2