Kurdistan: Iraq Must Seek Approval For Kirkuk Oil Field Upgrade
27 Março 2012 - 1:34AM
Dow Jones News
The Kurdistan Regional Government in northern Iraq said Monday
that Iraq's federal government needs to seek its approval before
signing deals to develop the giant Kirkuk oil field.
Iraq's Oil Minister Abdul Kareem Luaiby and other senior
officials had said that Baghdad was holding talks with U.K. energy
giant BP PLC (BP), Baker Hughes inc. (BHI) and Schlumberger Ltd.
(SLB), in order to double crude oil production from the Kirkuk
field from the current 300,000 barrels a day.
"The KRG requires the federal oil ministry and the [state-run]
North Oil Co. to respect the country's constitution and sit down
with all relevant parties to determine how best to enhance and
revitalize the present Kirkuk oil field," according to a statement
emailed to Dow Jones Newswires.
The Kurds says that the oil hub province of Kirkuk is Kurdish
and it should be annexed to their semi-autonomous territory. The
central government argues that Kirkuk should be ruled jointly.
"In the meantime, the KRG expects that international oil
companies restrain from any activities that may be in breach of the
[Iraqi] constitution," the statement said.
-By Hassan Hafidh, Dow Jones Newswires; +962 799 831 831;
Hassan.hafidh@dowjones.com
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