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Iraq's parliamentary committee to discuss Kurdistan's oil deals with Exxon Mobil

Gulan Media June 24, 2012 News
Iraq's parliamentary committee to discuss Kurdistan's oil deals with Exxon Mobil
June 23 (AKnews) - Iraq's parliamentary economic committee will discuss Exxon Mobil's oil deals with the Kurdistan Regional Government (KRG) in its meeting tomorrow.
Committee member Yousuf al-Taye said: "The committee will discuss Exxon deals in details in order to have a comprehensive perception of the subject and what surrounding it from clamor and arguments.

"A number of committee members met today and discussed Exxon deals and the committee is now waiting for official reports to study it in detail."

Al-Taye added that studying the reports in detail will help the committee decide how such deals affect the future relationships between central government and the Kurdistan Region and the impact of this on the lives of the Iraqi people.

Exxon angered Baghdad when it signed exploration agreements with the KRG. This was considered by the federal government as illegal.

The KRG announced in November that it had signed an agreement with Exxon to explore six sites. Exxon was considered to be the first major oil company to deal directly with the KRG.

The Iraqi oil ministry signed a contract with Exxon and Shell in October 2010 to develop the West Qurna field.




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