Iraq Lawmaker Janabi Says No Rules Prevent Exxon-Kurdistan Deal
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Iraq’s legislation doesn’t prevent oil companies from signing deals with the central government and with semi-autonomous authorities in the North, as in the case of Exxon Mobil Corp., said Adnan al-Janabi, chairman of the nation’s Oil and Energy Committee.
The country’s new energy law has been under study for about five years amid divisions among the country’s major political factions. Al-Janabi said yesterday he expected a first reading of the law in Iraq’s parliament next month.