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With or without Exxon, Iraq Kurds
strive for energy autonomy

Reuters, by Isabel Coles

Original Article

Posted By:LittleHoodedMonk, 1/30/2013 2:45:53 PM

Arbil, Iraq - Behind the closed doors of their offices in the United States, top executives and lawyers for Exxon Mobil are poring over two sets of contracts, weighing a decision that could shift the balance of power in Iraq. Iraqi Prime Minister Nuri al-Maliki last week hastily convened a meeting with Exxon´s chief executive Rex Tillerson in a bid to woo back the U.S. major, (Snip) Industry sources say Maliki has offered Tillerson substantial incentives to stay in Iraq´s southern oilfields as long as the company forfeits its assets in the autonomous Kurdish region. A final decision is due within the next few

Comments:
[Additional reporting by Ahmed Rasheed in Baghdad and Peg Mackey in London].

It seems that Exxon went to the Kruds in the north to help them develop their oil reserves, to the ire of Baghdad who claims they control the right to make these decisions. Russia & Norway are developing oil fields to the south [West Qurna]. And, of course, 0bama is against a new energy corridor from Kurdistan to Turkey. This happening as we withdraw troops from Iraq.

http://www.presstv.com/detail/2013/01/20/284571/explosion-hits-iraqturkey-oil-pipeline/

      


Post Reply  

Reply 1 - Posted by: Rafter, 1/30/2013 4:59:09 PM     (No. 9149191)

Where there´s a Kurd... there´s a Whey.

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