Iraq Gives Total Ultimatum Over Kurdish Oil Deal
From Express Tribune
Iraq on Sunday gave French energy giant Total an ultimatum to either end its dealings with the autonomous Kurdistan region in the north or to sell its stake in a giant southern oilfield.
Iraq’s deputy prime minister responsible for energy affairs, Hussein al-Shahristani, also said Baghdad was considering offering foreign oil firms more lucrative contracts, as he admitted a recent auction of exploration blocks had not been as successful as officials had hoped.
