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What happens after a deal with Exxon Mobil Kurdistan?
Date: Monday 02/06/2012 6:48
about: ideas for Iraq
on 18 v 1 occurred Exxon Mobil and the Kurdistan Regional Government deal to work in six fields of oil and gas in northern Iraq, and when the news spread in the following month angered the central government in Baghdad and it seems they may be able to force the company to abandon the deal, but the latest news suggests that the company continues to perform the contract, despite protests from the Iraqi government.
The company did not say anything officially announced its plans in Kurdistan, but it seems to be advancing forward. In 26 K 2 2012, according to a report Reuters that the company commissioned its affiliated people to search for sites for housing and work, and that company officials met with Mr. Ashti Hawrami, Minister of Natural Resources in the region. For his part, President of the Kurdistan Regional Government Barham Saleh, said that a deal Exxon deal is unconstitutional has the support of the Government of Kurdistan, which are eager to reap the fruits of this deal because it is the first time approved by the international company great to work there is likely to attract other companies to be the province equal to Baghdad in the policy oil and gas. From the other side, it appears that Exxon is preparing to enter the Kurdistan and the development of the fields that you signed a contract on them. Angry at the central government on this issue, and officials began in Baghdad since late v 2 by firing a series of verbal attacks against Exxon and the Kurdistan region, where the minister threatened oil expulsion of the company's licensing round, the fourth if not canceled its deal with the Kurds, and continued the ministry say that the company's contract with Kurdistan illegal, and claimed the oil minister, Abdul Karim and coffee that the Kurds do not have the right to negotiate with foreign oil companies, the ministry asked Exxon to choose between working in the field, West Qurna 1 in Basra, which was won by the company in 2009 or work in Kurdistan. Then Deputy Prime Minister Hussein al-Shahristani said Baghdad consider the imposition of sanctions on the company. For his part, Prime Minister Nuri al-Maliki said the company continues in its deal with Kurdistan could cause a war, since three of the fields that have signed the fall in the disputed areas in the provinces of Nineveh and Tamim, also threatened to cancel the contract in the company's West Qurna. Finally, the Governor of Nineveh Ethel Nujaifi objecting to the deal the company and the voice of the provincial council in favor of sending troops to Baghdad in order to prevent the company from working there.
in all matters relating to aspects of the oil industry, the oil policy of the government based on keeping the powers, however, the central government, from here, this The deal is considered a threat to everything the government has worked for. There are also other elements play a role in this drama, one of which Exxon requests that the $ 50 million for its work on West Qurna 1 for two years, and until payment is made, the company has the right to work in southern Iraq. Secondly, it seems that companies other major interested to enter Kurdistan, and that Exxon had already complained about the contract signed with the Ministry of Oil in 2009 and it did not win anything that undermines the right of Baghdad in talks with the company about Kurdistan and gives them the motivation to go to the north in order to obtain the payments, and it considers threats to the central government is not a great weight. Now seems the company's position is the best, where it will actually appear in the north and that Baghdad will not impose sanctions because it included Exxon in the fourth round of licenses despite the threat of not feeding. What happens next is the big question: Will Exxon in the three fields located in the disputed areas? Can this lead to a reconciliation between Baghdad and Kurdistan? What's the impact on the state law?. Shahristani was responsible for the policy of the country's oil for years since he was the minister of oil in the Maliki government first, it is also a key member of the National Alliance and has the independent authority within it, and was more opposed to the energy strategy Kurdish, which makes it intervenes either to re-evaluate his position, or step up his attack. Could have been so wide that the magnitude of the impact on Iraq because it could complicate attempts by the oil ministry to sign new contracts. For its part, the oil companies and still complains of contracts signed, as was the case of Exxon, and the fourth round has been delayed again because companies demanding better conditions and provisions. Constant threats against Exxon adds more difficulties for these negotiations, and thus Iraq finds itself at a crossroads in his oil. Exxon begins its work slowly in the province of Kurdistan, Baghdad compelled to respond. As for how it will deal with the Baghdad government position, that requires them to change all its dealings with foreign companies.
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