Exxon begins explorations in Iraqi Kurdistan

Iraq’s Kurdistan Regional Government announced Feb. 25 that ExxonMobil has begun exploring for oil in the region, stressing that the constitution allow the KRG to sign contracts with foreign oil companies. KRG spokesman Safeen Dezae Spokesman said the KRG looks forward to the development of new oilfields in the region by the transnational giant. But Bahgdad reiterated its rejection of the deal as illegal, and stressed that Exxon must choose between contracts with the KRG or the central government. “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. (World Bulletin, Turkey, Feb. 26)