Exxon Mobil confirms its contract with the Erbil after more than three months of the
Exxon Mobil confirms its contract with the Erbil after more than three months of the questions ignore Baghdad
28/02/2012 | (Voice of Iraq) - Add Comment - Sumerian News / Baghdad confirmed the company Exxon Mobil as the U.S. signed a contract with the government of Iraqi Kurdistan to explore for oil in the fields after more than three months of silence and ignoring the questions and the central Ministry of Oil, in a move threaten certainly the company's investment in the West Qurna field, after a series of warnings sent by the central government in the event make sure to sign the contract. and announced the first company in the United States specializing in the energy sector in its annual report released last week that it will explore for oil and natural gas in the Kurdistan region of Iraq for five years with the possibility of extending the contract for two years.
The company said it also signed a contract with the Kurdistan region allows it to production for 20 years, renewable for five years. The director of contracts and licensing of oil in the Ministry of Oil Abdul Mahdi al-Amidi said, "Alsumaria News" on February 4 the current , that Exxon Mobil U.S. still have not questioned the Council of Ministers and the Ministry on its contract with the Kurdistan region of Iraq, and pointed out that the ministry is determined to take action as soon as contracts for the company with the region, while warning that any leniency in this matter will encourage other companies working in Iraq contract with the Territory without reference to the central government. and declared the Iraqi Oil Ministry, in November 2011 for the signing of Exxon Mobil six decades of exploration with Kurdistan region in secret without her knowledge, as warned her avoidance of the contract which was signed by her on 29 October 2010 to develop the field West Qurna. and going dispute for a long time between the central government in Baghdad and the Kurdish semi-autonomous concerning oil fields in the north, where Baghdad is the contracts signed between the KRG and international oil companies illegal.
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 five years, and to 12 million barrels per day after you add the quantities produced from other fields of national effort.
Iraq exports nearly 2.0002 million barrels of crude oil from the ports of Basra and Khor al-Amaya to Persian Gulf, and to the Turkish port of Ceyhan on the Mediterranean, and through the truck by truck to Jordan, and currently produces about 2.0009 million barrels of crude oil per day, and the proportion of exports from the Basra oil 90%, while the remaining issue of Kirkuk.