Iraq is a company (Aksen Mobil) oil not legally work in the Kurdistan region
12/11/2011 11:30

Baghdad, November 12 (Rn) - The Office of the Deputy Iraqi Prime Minister for Energy, Hussain al-Shahristani said on Saturday that the Iraqi government informed the U.S. oil company (Mobil Aksen) non-legal work in the province of Kurdistan, exploration fields.

The Director of Information Office of Faisal Abdullah Al-Shahristani, told the Kurdish news agency (Rn) "I have told the Office of the Deputy Prime Minister Hussein al-Shahristani, the U.S. oil company (Aksen Mobil) that the Iraqi government would cancel the work carried out with them in the event of any oil project in the province of Kurdistan."

The Company announced the stricken U.S. Mobil, which is developing oil fields in the province of Basra, it's got the approval of al-Shahristani to work in the Kurdistan region in the field of oil exploration.

Abdullah said that "The oil ministry would boycott any global company you deal with the government of Erbil in the oil until they find a suitable solution between Baghdad and Erbil, because it is a violation of the policy of oil."

He says the region that the draft law, however, focus the powers of the Federal Government in the management of oil wealth at the expense of the region and the provinces, as it passed by the Council of Ministers, without due process of law.

Under the terms of a Erbil agreements, provided that he agrees on the law of oil and gas, but the region accuse the National Alliance circumvent the conventions and pass the bill without taking into consideration the situation of the Kurds.

The Iraqi cabinet approved a draft law of oil and gas in 2007 but faced a Kurdish objection, observers believe it represents the differences between Erbil and Baghdad on oil revenue sharing and control of some fields in northern Iraq and the Kurdistan region.

The law will determine the party that controls the vast oil reserves, Iraq's fourth-largest reserves in the world and also aims to attract foreign investors.

Iraq seeks to increase capacity over the coming years to reach 12 million barrels per day.