Parliamentary oil: not entitled to ExxonMobil sale contract to another company
14/12/2012 09:06 AM
Babinaoz - agencies: The Commission on oil and energy parliamentary Friday that held the oil ministry with ExxonMobil that prevents it from selling its contract to another company without the consent of the Iraqi government, with Ezzat company withdrew the U.S. from Qurna to political conflicts between Baghdad and Erbil. said committee member Susan Saad said that "contracts Oil Ministry with investment companies to prevent the recent sell them to other companies, except with the consent Iraqi side, "asserting that" this procedure include ExxonMobil. "
said Saad that "controls the oil ministry after the withdrawal of any companies investing in the oil fields or gas, including re-launch the field of tender, where are invited companies that want the ministry to enter and not the company withdrawing, "indicating that" after laying bidding on the new company begin from where the company that preceded it. " and considered Saad to "cause the withdrawal of ExxonMobil from working in Qurna back to political conflicts between Baghdad and Erbil. "
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The Iraqi Oil Ministry confirmed, in (November 10, 2012), it has not received any communication from Exxon Mobil to sell its share of the West Qurna field -1, confirming that they have many alternatives to develop the field of national effort . revealed Lukoil Russian (November 10, 2012), it was preparing to study View from ExxonMobil to buy its stake in the West Qurna -1. Company is Luke Lowell's second-largest oil company Russian and seeks to compensate the decline in production fields in Russia where they face competition from companies backed by the state through the acquisition of foreign assets for exploration and production. announced diplomatic sources, in 18 of the last October, said that "Exxon" wants to withdraw from its contract to develop West Qurna -1 giant in southern Iraq because of concerns about profitability of the project, As said two American officials that "Exxon" informed Iraqi Deputy Prime Minister for Energy Affairs Hussain al-Shahristani and the U.S. State Department in its intentions. said "denied Compass" a weekly bulletin of energy for the former Soviet Union and Eastern Europe that Iraq studying the introduction of "Lukoil", and "Gazprom denied "two Russian instead of" Exxon, "adding that the two companies two Russian two operations already in the country. runs "LUKOIL" Project West Qurna -2 adjacent to the West Qurna -1, and controls 75 percent of it, after it bought its partner younger "Statoil" in June.