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

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Maine

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

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
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endymion
Champion Author New York

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Message Posted: Jan 31, 2013 8:01:09 AM

Money and oil is the basis of most government policies for MidEast countries.
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MAC48
Champion Author Dallas

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Message Posted: Jan 30, 2013 10:54:33 PM

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.
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mastermariner
Champion Author Texas

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Message Posted: Jan 30, 2013 3:33:51 PM

Dont blame them, a substantial amount oil is in Northern Irag, plus the pipe lines.
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LostInNY
Champion Author New York

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Message Posted: Jan 30, 2013 1:38:55 PM

Amazing how a global corp can change politics and govt
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humblepie
Champion Author Toledo

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Message Posted: Jan 30, 2013 1:33:41 PM

go with the kurds they are much more stable
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TripleHs
Champion Author Austin

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Message Posted: Jan 30, 2013 1:31:16 PM

a dangerous area indeed, especially to americans, but i bet chinese will get there no matter what
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MadFueler
Champion Author Winston-Salem

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Message Posted: Jan 30, 2013 1:13:38 PM

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.
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amoshins
Champion Author Trenton

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Message Posted: Jan 30, 2013 12:17:42 PM

I vote for "without"
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