The battle over OIL

Oil industry sources: al-Maliki (enticed) Exxon Mobil to move away from Erbil



The time on Thursday, January 24 2 / January 2013 09:35


Baghdad, Erbil / Orr News

Sources in the oil industry that the company "Exxon Mobil" may be nearing a row Baghdad in its bitter dispute with the Kurdistan region after the Iraqi government made ​​a presentation to the U.S. company in an apparent attempt to persuade them to continue to work in the south of the country.

The news agency "Reuters" Iraqi oil official as saying: without going into the details after the meeting with Maliki, we can say now is that the "Exxon" moving in the right direction set by the central government for foreign oil companies operating in the country.

In the past year offered "Exxon" to sell its stake in the West Qurna field - 1 oil which has a huge investment of $ 50 billion after a dispute with Baghdad over contracts signed with the Kurdistan Region. According to a source in the oil industry, "Baghdad wants the temptation (Exxon) to stay. Will succeed?". The official said a Western oil executive with operations in southern Iraq that is likely to "Exxon" wants to improve the terms of the West Qurna agreement to stay in the south.

Will be no change in the position of "Exxon Mobil" a major victory for Baghdad in a bitter dispute over oil between the Iraqi government and Kurdistan. And Iraqi officials declined to give any details on the presentation made ​​by al-Maliki to Talrsen in their meeting last Monday, but Baghdad has made ​​clear in the past that the foreign oil companies operating in the south to abandon their contracts with Kurdistan as otherwise you will lose assets in the rest of Iraq.

The Iraqi oil official said: "At the same time realize that it must (Exxon) to address issues with the Kurdistan Regional Government before we can reach a final agreement on continuing to work in the south."

After one day of meeting Iraqi Prime Minister Nuri al-Maliki in Baghdad with Rex Talrsen, CEO of "Exxon Mobil" U.S. oil giant and Tejearh of the company between work in the oil fields of Kurdistan or southern Iraq, met Kurdish regional President Massoud Barzani at his residence in the resort of Davos, Switzerland ;, where he is attending Davos Economic Conference, with the first Talrsen yesterday and discussed with him about the company's business in the Kurdistan Region.

Not issued by the Presidency of the region nor the delegation accompanying Barzani, which consists of Imad Ahmed Deputy Prime Minister, Fuad Hussein, chief of the Bureau and Ashti Hawrami, minister of natural resources of any comments on this meeting, although it seemed objective is to convince the company to continue its work in the fields of Kurdistan.


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The Minister of Natural Resources in the Kurdistan reveals granted a U.S. company's share in an oil field in the province
Thursday, January 24 2 / January 2013 17:47

Increase

{Arbil: Euphrates News} detect and Minister of Natural Resources in the Kurdistan region drastically granted {Chevron Corp.} U.S. in the region share in Garadagh oil field to enhance the company's role in the region's mining industry.

Ashti Hawrami said in a press statement that "the company is notified by giving them a field named {Garadagh}", noting that "exploration project in this field is important and significant, and we have agreed on all the terms."

The American oil company bought 80% of the privileged Sarta and Rufi Indian company Reliance Industries in the month of July.

He added that "Chevron is strongly committed to all its projects with the Kurdistan Regional Government, and met Jay Pryor, vice president of Chevron to develop business with the President of Kurdistan, Massoud Barzani, in Davos," stressing that "Chevron expressed a strong commitment to all of its projects in the Kurdistan Region."

And experiencing the relationship between the province and the center severely strained by the oil companies that operate in the region without the approval of the central government to work in the province. Ended


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Barzani announces support of the Government of the Territory to the U.S. company Chevron to the development of the energy sector in Kurdistan

Date: 01/24/2013 18:51:26 Thursday



Erbil (news) .. Search Massoud Barzani, President of Kurdistan Region, in Davos, Switzerland with G. Breyer Vice President of "Chevron" American business and the company's activities in the Kurdistan Region.

A statement from the presidency of the province received Agency (news) copy of it: ING Breyer said during the meeting that the company I worked for a short in the Kurdistan Region, and met a remarkable development, expressing his thanks to the Kurdistan Regional Government to provide necessary facilities and assistance to the company, confirming the company's commitment in long-term partnership with the Government of territory Korrdstan and expand its activities in the region.

The statement added: that the President of Kurdistan Region announced support for the Kurdistan Regional Government to the company "Chevron", and for the development of the energy sector in the Kurdistan Region. / End / t. St. /

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