Subscribe 

Iraq threatens Exxon with blacklist

Top central government officials said Exxon's deal with the KRG for six blocks violates the West Qurna 1 contract and jeopardizes the company's future in Iraq.
Senior ExxonMobil officials attend the signing of the West Qurna 1 contract in Baghdad in January 2010. (BEN LANDO/Iraq Oil Report)

ERBIL - Iraq's top energy official threatened Saturday to oust ExxonMobil from the super-giant West Qurna 1 oil field, after the super major signed deals for six blocks in the semi-autonomous Kurdish region.

Baghdad considers illegal all oil deals made without central government approval. Former Oil Minister and current Deputy Prime Minister for Energy Hussain al-Shahristani has enforced a strict blacklist policy, banning any firms signed with the Kurdistan Regional Government (KRG) from oil deals with the central government.

This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription.