Exxon has ‘days’ to respond

Deputy PM says ExxonMobil must soon respond to Baghdad's ultimatum and freeze deals in Kurdistan or else lose all opportunities in southern Iraq.
Iraqi Deputy Prime Minister for Energy Hussain al-Shahristani (STAFF/Iraq Oil Report)

BASRA - Iraq's central government said ExxonMobil will soon need to freeze or pull out of the contracts it signed with the semi-autonomous Kurdistan region or else lose both its venture in the super-giant West Qurna 1 and the rights to bid in an upcoming licensing round.

"ExxonMobil is quite aware of the position of the government of Iraq," Deputy Prime Minister for Energy Hussain al-Shahristani said in an interview with Iraq Oil Report. "They have been told they have to make a decision and inform us of the final decision."

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