MP Saad warns of withdrawal of the oil companies of the country in case of punishment
MP Saad warns of withdrawal of the oil companies of the country in case of punishment of Exxon Mobil
On: Friday 2/3/2012 9:52
Baghdad (news) .. Warned a member of the Committee on Energy and Oil parliamentary MP / National Alliance / Susan Saad of the withdrawal of foreign oil companies operating in Iraq in the event of punishing Exxon Mobil, calling to comply with the conditions concluded between the companies and the Ministry of Oil.
said Saad (of the Agency news) on Friday: there conditions and restrictions attached to the contract concluded between the Iraqi oil ministry and international oil companies, which is currently working within the first licensing round, second and third, so there is no item is installed within the Convention on the contract gives eligibility for foreign companies to withdraw from work in Iraq without a legitimate reason.
She stressed the importance of adhering to the conditions and legal texts that are installed in the contract which was signed by both parties, both the Federal Ministry of Oil Awacharkat foreign, in the case of breach in the contract must resort to the judiciary to impose conditions of penal and gives the right to its owner.
He was afraid a number of oil experts from the withdrawal of international oil companies from operating in in the case of Iraq to punish Exxon Mobil U.S. by the Iraqi side. / Finished / 8. n. r /