Iraq May Bar Exxon From Oil Auction If It Pursues Kurdistan Deal
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Iraq may prevent Exxon Mobil Corp. from bidding in a new energy exploration round if it refuses to rescind agreements with the country’s semi-autonomous Kurdish region, according to a spokesman for Deputy Prime Minister for Energy Affairs Hussain al-Shahristani.
“Iraq will ban Exxon Mobil from taking part in the fourth round if it persists in its position to make deals with the Kurdistan Regional Government,” Faisal Abdallah said in a telephone interview in Baghdad today. He confirmed that Iraqi authorities had not yet taken a final decision on the matter.