Eni Has No Plans For Kurdistan Oil Deals
From Reuters
Italian oil and gas group Eni (ENI.MI) does not plan to compromise its business in Iraq by making energy deals with the country’s semi-autonomous Kurdistan region, Eni Chief Executive Paolo Scaroni said on Monday.
State-controlled Eni, together with U.S.-based Occidental Petroleum Corp (OXY.N) and South Korea’s KOGAS, has a 20-year deal with Iraq to develop the Zubair oilfield, which is expected to produce 400,000 barrels per day in 2013.
