Exxon signs Kurd deals, Baghdad warns

Exxon signs Kurd deals, Baghdad warns

There are 1 comment on the Arab News story from Nov 11, 2011, titled Exxon signs Kurd deals, Baghdad warns. In it, Arab News reports that:

LONDON/BAGHDAD: Exxon Mobil has signed oil and gas exploration deals with Iraq's Kurdistan, an adviser to the Kurdish government said, despite warnings from Baghdad that the move could jeopardize a major oilfield project.

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Dwight Baker

Eagle Pass, TX

#1 Nov 12, 2011
EXXON Rockefeller ROYAL DUTCH SHELL Rothschild
By Dwight Baker
Dbaker22@stx.rr.com
11/12/11

ARTICLE
Exxon signs Kurd deals, Baghdad warns
http://arabnews.com/economy/article532293.ece

EXCERPT

Exxon, with Royal Dutch Shell, clinched a 20-year deal in 2009 to develop West Qurna Phase One, an 8.7-billion-barrel field in southern Iraq, beating Russian, French and Chinese rivals.

“The company, according to Iraqi law, could be disqualified from having any contracts or any work with the oil ministry and it could result in the cancellation of the West Qurna Phase One contract,(with Exxon) to bear all the legal consequences of their action,” Ameedi said.

“West Qurna Phase One contract terms are very clear, and a clause in the service contract says if the company violates Iraqi laws then its contract could be terminated,” he said.“Any deal between the Kurdish region and Exxon Mobil would be a clear violation of the West Qurna contract.”
Exxon Mobil declined to comment.

MY TAKE

We the American People fought for the thought to be democracy to come to Iraq. Suppose we actually fought for the Oligarchs to plunge in again to rob cheat steal.

Now where will these new events between the Kurds and the Leaders down south end? Where they have always ended up WAR!

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