|
Italian
oil and gas group Eni has no plans for Kurdistan oil deals: CEO
|
|
Kurd Net
does not take credit for and is not responsible for the
content of news information on this page |
|
Italian oil and gas group Eni has no plans
for Kurdistan oil deals: CEO
21.8.2012 |
|
|
|
August 21, 2012
RIMINI, Italy,— Italian oil and gas group Eni
(ENI.MI) does not plan to compromise its business in
Iraq by making energy deals with the country's
semi-autonomous Kurdistan region, Eni Chief
Executive Paolo Scaroni said on Monday.
State-controlled Eni, together with U.S.-based
Occidental Petroleum Corp (OXY.N) and South Korea's
KOGAS, has a 20-year deal with Iraq to develop the
Zubair oilfield, which is expected to produce
400,000 barrels per day in 2013.
Speaking on the sidelines of a conference, Scaroni
said that one of the conditions for developing the
Zubair field was that there could be no deals with
local governments such as that of Kurdistan.
"We will not be throwing into doubt those
agreements," Scaroni said.
Canada's ShaMaran Petroleum Corp (SNM.V) said on
Monday that a unit of French oil major Total (TOTF.PA)
had bought a minority share in an exploration block
in the Kurdistan region, having made a similar deal
last month.
Iraq's central government says the deals are
illegal.
Total followed U.S. oil majors Exxon (XOM.N) and
Chevron (CVX.N) in ignoring Baghdad's warnings about
possible punitive action and signing contracts with
the region, in northern Iraq.
Copyright ©, respective
author or news agency,
Reuters
Top |
Kurd Net
does not take credit for and is not responsible for the
content of news information on this page
|
|
|
®
