Kurdistan part of Iraq, Exxon Mobil holding does not include provisions to prevent contract with him
Kurdistan: Kurdistan part of Iraq and the holding of Exxon Mobil does not include provisions to prevent its contract with him
Baghdad, November 26 (Rn) - The Kurdistan Alliance, Saturday, that the Kurdish part of Iraq federal, adding that he has no right to the Ministry of the Federal Oil development company Ascon Mobil, the U.S. blacklisted because of its contracts with the region, stressing that the announcement by the ministry threats political, not legal.
A member of the Commission on oil and energy parliamentary deputy Bayazid Hassan, told the Kurdish news agency (Rn) he was "not right and the Federal Ministry of Oil to prevent Exxon Mobil from working in Iraq and put them on the black list," explaining that "there are two reasons for the development of any company in the black list is when you The company broke the law and the terms of the contract."
He went to Hassan, "The contract signed by Exxon Mobil does not include provisions to prevent the company from contracting with the province of Kurdistan and the Federal Ministry of Oil does not have the right to prevent the company from the work that the Kurdish part of Iraq Federal."
He noted that the announcement by the Department of Licenses in the Ministry of Oil to prevent the company's work in Iraq "just threats and no more," stressing that it "measures political, not legal."
He explained that the Ministry did not provide oil to the oil and energy in the House "books on this official action."
The Federal Ministry of Oil has confirmed on Saturday that it will not allow Exxon Mobil to enter into licensing rounds, the fourth, in the case decided to continue the work in the implementation of the six contracts concluded with the Kurdistan Regional Government.
The Director General of the Department contracts and licenses Abdul Mahdi al-Amidi, told the Kurdish news agency (Rn) that "the Federal Oil decided to prevent Exxon Mobil from working in Iraq as part of the licensing round fourth, because they violated laws that work and fabricated by the Oil Ministry, through a contract with the Government of Arbil Ptnguib six sites oil ".
And Exxon Mobil Corporation announced that the U.S. is developing oil fields in the province of Basra, it's got the approval of al-Shahristani to work in the Kurdistan region in the field of oil exploration.
In the region say that the draft law, however, focus the powers of the Federal Government in the management of oil wealth at the expense of the region and the provinces, as it passed by the Council of Ministers, without due process of law.
The Iraqi cabinet approved a draft law of oil and gas in 2007 but faced a Kurdish objection, observers believe it represents the differences between Erbil and Baghdad on oil revenue sharing and control of some fields in northern Iraq and the Kurdistan region.
The law will determine the party that controls the vast oil reserves, Iraq's fourth-largest reserves in the world and also aims to attract foreign investors.
Iraq seeks to increase capacity over the coming years to reach 12 million barrels per day.
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