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Tuesday 20th March 2018

Iraq Oil Minister Says Deal with Exxon Close, Slowed by Evacuation

Politics

7Dnews London

Sun, 19 May 2019 15:42 GMT

A major oil deal between Iraq and Exxon Mobil was "very close" but had been slowed by Exxon's decision on Saturday May 18th to evacuate its international staff from the West Qurna oil field, Iraq's Oil Minister Thamer Ghadhban said on Sunday May 19th. 

"Had we concluded we would have signed a heads of agreement," he said, referring to a preliminary document that would set out terms of cooperation on the South Integrated Project. "But now they are out of the country, why should I run after them?" he said at an oil meeting in Jeddah according to Reuters.


Middle East