Exxon Mobile Trying To Have It Both Ways In Iraq, Developing Oil Fields In The South And North
The soap opera over Exxon Mobil’s deal with the Kurdistan Regional Government (KRG) took another twist in March. The Iraqi Oil Minister said that the company had decided to suspend its work with the Kurds. They responded by saying they had heard no such thing, and that they fully expected Exxon to begin operations in the region. Beforehand it appeared that the corporation wanted it both ways, to keep its contract with Baghdad for a field in Basra, while simultaneously beginning work in Kurdistan. If it is still following this policy, than perhaps its statement to the central government was just its bidding time until the differences over its agreement with the Kurds can be worked out.