Iraq Oil Minister Says Exxon Must Choose

From Economic Times

Iraq has told Exxon Mobil that it must choose between working in the country’s southern oilfields or in autonomous Kurdistan, and expects the U.S. oil major to make a final decision in a few days, the oil minister said on Sunday.

“We made it clear to Exxon in the last meeting that the answer we expected from them is to either work in the Kurdistan region or to work in southern Iraq,” Oil Minister Abdul Kareem Luaibi told reporters in Baghdad.

“Exxon Mobil cannot work in both fields at the same time.”

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