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Punishment for Dealing with Kurds: Baghdad to Replace Exxon with Russians
Baghdad
has been angry with certain international oil companies, namely
ExxonMobil, Total, and Chevron, for their dealings with Kurdistan. The
oil companies have signed oil deals in the northern region which the
main Iraqi government states are illegal.Exxon are already working in
Iraq where they are developing the huge West Qurna-1 oil field, but now,
as punishment for their ventures in the north it is rumoured that
Baghdad is looking to replace them with Russian companies.The weekly
energy newsletter, Nefte Compass, has reported that plans are…Read more...http://oilprice.com/Latest-Energy-News/World-News/Punishment-for-Dealing-with-Kurds-Baghdad-to-Replace-Exxon-with-Russians.html
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