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Author	Topic: With or without Exxon, Iraq Kurds strive for energy autonomy	Post a Reply Back to Topics

mainenightowl All-Star Author Maine Posts:869 Points:306,220 Joined:May 2012	Message Posted: Jan 30, 2013 11:28:01 AM Ignore mainenightowl Report Abuse 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, which had seemed intent on pulling out of the $50 billion West Qurna 1 oilfield in the south, in an area under Baghdad's control. Since signing for six blocs with the Kurdistan regional government in 2011, Exxon has situated itself on one of Iraq's deepest faultlines, bringing to a head friction between the northern enclave and Baghdad, which says only it has the authority to grant oil contacts and control crude exports. I Visit Reuters for full article

mainenightowl

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Message Posted: Jan 30, 2013 11:28:01 AM

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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, which had seemed intent on pulling out of the $50 billion West Qurna 1 oilfield in the south, in an area under Baghdad's control.

Since signing for six blocs with the Kurdistan regional government in 2011, Exxon has situated itself on one of Iraq's deepest faultlines, bringing to a head friction between the northern enclave and Baghdad, which says only it has the authority to grant oil contacts and control crude exports.

I
Visit Reuters for full article

REPLIES (newest first)Ignore Short Messages

endymion All-Star Author New York Posts:828 Points:171,705 Joined:Nov 2012	Message Posted: Jan 31, 2013 8:01:09 AM Ignore endymion Report Abuse Money and oil is the basis of most government policies for MidEast countries.
MAC48 Champion Author Dallas Posts:1,546 Points:765,945 Joined:Dec 2006	Message Posted: Jan 30, 2013 10:54:33 PM Ignore MAC48 Report Abuse One would be well advised to put their bet on the Iraqi Kurds coming out on top in this policy/power battle with the Shite dominated government in Bagdad.
mastermariner Champion Author Texas Posts:4,247 Points:493,010 Joined:Jun 2011	Message Posted: Jan 30, 2013 3:33:51 PM Ignore mastermariner Report Abuse Dont blame them, a substantial amount oil is in Northern Irag, plus the pipe lines.
LostInNY Champion Author New York Posts:1,716 Points:647,070 Joined:Apr 2011	Message Posted: Jan 30, 2013 1:38:55 PM Ignore LostInNY Report Abuse Amazing how a global corp can change politics and govt
humblepie Champion Author Toledo Posts:34,204 Points:2,371,370 Joined:Mar 2006	Message Posted: Jan 30, 2013 1:33:41 PM Ignore humblepie Report Abuse go with the kurds they are much more stable
TripleHs Champion Author Austin Posts:3,355 Points:916,590 Joined:Oct 2009	Message Posted: Jan 30, 2013 1:31:16 PM Ignore TripleHs Report Abuse a dangerous area indeed, especially to americans, but i bet chinese will get there no matter what
MadFueler All-Star Author Winston-Salem Posts:917 Points:172,285 Joined:Sep 2012	Message Posted: Jan 30, 2013 1:13:38 PM Ignore MadFueler Report Abuse Sounds like al-Maliki is starting to make "offers you can't refuse." If I were Exxon, I'd just leave and let all those people try to drill their own oil.
amoshins Champion Author Trenton Posts:2,190 Points:641,420 Joined:Apr 2011	Message Posted: Jan 30, 2013 12:17:42 PM Ignore amoshins Report Abuse I vote for "without"