Daily Online News
Independent daily Newspaper
  Home - Advertise - About - Email

  Know Your World, Fresh Perspectives in News ©  Link to us

 Flights to Kurdistan

 News RSS Feed News Archive Today in the History  

 

Download 




IKB Travel & Tours Ltd. Youshouldtravel.com
Direct Flights from London to Sulaimaniyah, Kurdistan-Iraq
Advertisement
 

Custom Search over 70,000 pages on Ekurd.net
 

 
Worthypublishing.com | Sponsor

 Iraq bars US energy giant Chevron over Kurdistan oil contracts

  News 
  Kurd Net does not take credit for and is not responsible for the content of news information on this page

 


Iraq bars US energy giant Chevron over Kurdistan oil contracts  24.7.2012  





Iraq blacklists Chevron for Kurdistan deals

July 24
, 2012


BAGHDAD, Iraq,— Iraq on Tuesday barred US energy giant Chevron from working in non-Kurdish parts of the country after it bought two exploration blocks in the autonomous Kurdistan region against Baghdad's wishes.

The announcement comes after Chevron announced the acquisitions on July 19, provoking a similar response from the federal Oil Ministry as fellow American company ExxonMobil's exploration deal with Kurdish authorities.

"The ministry announces the cancellation of the qualification of the American company Chevron, and bars it from accessing any contract or agreement with the federal oil ministry and its companies... unless it backs off from the contract it signed," the Oil Ministry said.

The central government says all oil contracts must go through Baghdad and regards any that do not as illegal.

Chevron said on July 19 that it bought 80 percent stakes in the Rovi and Sarta blocks from India's Reliance.

The announcement came after Iraqi Prime Minister Nuri al-Maliki pledged this month to take the "necessary steps" if ExxonMobil implemented a controversial oil exploration deal with Kurdistan.

Baghdad has said in recent months that the ExxonMobil deal has been frozen,www.ekurd.net which Kurdistan has denied.

The spat over oil contracts is one of several between the central government in Baghdad and Kurdish authorities in Erbil.

Copyright ©, respective author or news agency, AFP 

Top

  Kurd Net does not take credit for and is not responsible for the content of news information on this page

 
 

Copyright © 1998-2014 Kurd Net® . All rights reserved. Ekurd.net
All documents and images on this website are copyrighted and may not be used without the express
permission of the copyright holder.