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Purveyor

(29,876 posts) Fri Oct 12, 2012, 06:39 PM Oct 2012

Iraq Wants Russians To Replace Exxon At West Qurna: Report

MOSCOW (Reuters) - Iraq is considering replacing ExxonMobil with Russian companies at the supergiant West Qurna-1 oilfield, after the U.S. major angered Baghdad by venturing into Kurdistan, according to a media report citing industry sources.

The northern Kurdish region has riled Baghdad by signing deals with foreign oil majors, such as Exxon, Total and Chevron, contracts the central government rejects as illegal.

Nefte Compass, a weekly energy newsletter about the FSU and Eastern Europe, said on Thursday that Iraq is weighing whether to replace Exxon with Russia's LUKOIL and Gazprom Neft - both already involved in the country.

It said that the proposal was due to be raised at a meeting this week between Iraqi Prime Minister Nouri al-Maliki and Russian President Vladimir Putin.

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http://news.yahoo.com/iraq-wants-russians-replace-exxon-west-qurna-report-124254148--finance.html

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Iraq Wants Russians To Replace Exxon At West Qurna: Report (Original Post) Purveyor Oct 2012 OP

Did Dick Cheney really expect to grab Iraq's oil, or was that war regardless of the consequences? leveymg Oct 2012 #1

Uh oh, I think we can expect a political assassination or rachel1 Oct 2012 #2

leveymg

(36,418 posts)

1. Did Dick Cheney really expect to grab Iraq's oil, or was that war regardless of the consequences?

Reply to Purveyor (Original post)

Fri Oct 12, 2012, 07:03 PM

Oct 2012

No doubt, Halliburton made billions on its revolving no-compete oil field reconstruction contracts. But, did any other US oil companies really come out ahead on the Iraq war?

Anyone have any thoughts on this?

rachel1

(538 posts)

2. Uh oh, I think we can expect a political assassination or

Reply to Purveyor (Original post)

Fri Oct 12, 2012, 07:25 PM

Oct 2012

regime change of some sort in Iraq's future.

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