Middle East Economic Survey

VOL. LIV

No 51

19-Dec-2011

IRAQ

Baghdad Awaits ExxonMobil Response On KRG Deal

Iraqi Minister of Oil ʹAbd al-Karim al-Laibi in Vienna on 14 December denied rumors the ministry was holding talks with ExxonMobil over the US majors recent controversial investment in the Kurdistan Regional Government (KRG).

We are waiting for the response from ExxonMobil. We have sent four letters, Mr Laibi said. He also denied reports saying that ministry was in discussions with...