Oil announces freeze on contracts for Exxon Mobil in Kurdistan, and the latter denies this

On: Sun 03/18/2012 9:01

Baghdad / term follow-up

Denied a member of the Kurdistan Alliance bloc in the House of Representatives Farhad Atrushi Exxon Mobil to freeze its work in the region, as revealed from the charge of the formation of the Kurdistan Regional Government Prime Minister Barzani emphasized the continuation of the company in the implementation of projects under contracts with the region and that the statements of Minister of Oil inaccurate.

He said Atrushi for "Twilight News" The statements made by Minister of Oil, Exxon Mobil to freeze the action in Kurdistan inaccurate noting that Exxon Mobil is one of the announced freeze on contracts with the Kurdistan region.

The Oil Ministry announced on Saturday that Exxon Mobil has frozen its agreement with the Kurdistan on exploration contracts in the region, while confirming that no decision to exclude the company from the next round of oil licenses which will be assessed by the end of May.

The Minister of Oil Abdul Karim and coffee at a news conference in Paris on the sidelines of the meetings of the Iraqi-French bilateral cooperation in the fields of oil and energy, said that "the government had received a letter on the fifth of March current of Exxon Mobil Corp. of America, confirmed the freezing of its agreement with the Kurdistan on its contracts exploratory in the region.

And added to coffee, the government did not abolish its decision to exclude Exxon Mobil from the next round of oil licenses, which will be assessed by the end of May next until receipt of clarification from the company, and signed the Oil Ministry on 29 October of 2010 a contract with Exxon Mobil, the U.S. and a British-Dutch Shell to develop a field west of Qurna, as occurred in 2 of last November's oil contracts with an international consortium led by Italy's Eni to develop the Zubair, also signed a contract on November 3 last with a consortium of British BP and China National to develop the Rumaila oilfield.

The Oil Ministry announced in March of 2011 for licensing round, the fourth for the development of a number of patches exploratory include 12 sites distributed over the provinces of Nineveh, Anbar, Najaf and Qadisiyah, Babil and Muthanna, Diyala, Wasit, Basra, Dhi Qar, as he emphasized the spokesman of the Ministry of Oil, Assem Jihad, in the month of March of the year past that 46 companies from 24 countries have qualified to compete for the fourth licensing round for 12 exploration blocks for oil and gas.

The Ministry of Oil announced at the end of December 2009 for the start of competition on the second session of licenses for ten Iraqi fields of the 78 fields, covering the fields of Majnoon and West Qurna and Siba in Basra province, Halfayah field in Maysan province, and the field Gharraf in Dhi Qar, and the field ensured and Morgan in the Middle Euphrates, and the field east of Baghdad, and the fields Qayyarah and star in Nineveh, and Badra field in Wasit, and fields in the eastern province of Diyala.

Iraq is seeking through the development of oil fields and presented to the international companies, to reach a production of at least 11 million barrels per day within the next six years, and to 12 million barrels per day after you add the quantities produced from other fields of national effort.

Iraq exports crude oil from the ports of Basra and Khor al-Amaya on the Persian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean, and through the truck by truck to Jordan, and Iraq currently produces about 2.0009 million barrels of crude oil per day, Iraq is exporting at the present time approximately 2.0002 million barrels per day , the proportion of exports from the Basra oil 90%, while the remaining issue of Kirkuk.

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