Gulf Oil and Gas accountACCOUNT

Iraq Warns Russia's Gazprom Over Kurdistan Oil Deals

Source: Reuters 11/9/2012, Location: Middle East

Iraq has warned Russia's Gazprom Neft to quit oil deals with the country's autonomous Kurdistan or pull out of its contract for the Badra oilfield, a spokesman for Deputy Prime Minister for Energy Hussain Shahristani said.

Gazprom Neft, the oil arm of Russian gas export monopoly Gazprom, in August acquired interests in two blocks with the Kurdistan Regional Government (KRG) following moves by rivals like Exxon and Total which angered the central Iraqi government in Baghdad.

"Iraq sent a letter to Gazprom at the end of October asking the company for an official reply, that it should cancel deals signed with KRG or pull out completely from Badra oilfield," Faisal Abdullah said.

Last year Gazprom said it expected to start production at Badra with 15,000 barrels per day in August 2013. The field with 100 million barrels of reserves near Iran's border is operated with Turkey's TPAO, Korea's Kogas and Malaysia's Petronas.

Gazprom Neft Chief Operating Officer Alexander Dyukov declined to comment.

Exxon was the first major to sign oil deals with Kurdistan and is now at the center of a dispute over oil and territory between the Arab-led central government and ethnic Kurds, who have run their own administration in northern Iraq since 1991.

Development News in Iraq >>

Senegal >>  1/22/2020 - FAR Limited has signed a binding Memorandum of Understanding (“MoU”) with Glencore Energy (UK) Ltd for the full allocation of the Company’s share of c...
United Kingdom >>  1/17/2020 - Egdon Resources plc is pleased to report that the Planning Inspectorate has upheld our appeal and granted planning consent for the development of the ...

Senegal >>  1/9/2020 - The Government of Senegal has approved the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture Exploitation Plan and ...
Russia >>  1/29/2019 - Gazprom Neft has won a licensing round for subsoil prospecting, exploration and production rights to the Severo-Stakhanovsky, Novoromanovsky and Puhut...

Russia >>  1/29/2019 - LUKOIL President Vagit Alekperov and Governor of Yugra Natalya Komarova signed a Cooperation Agreement between the company and the region for 2019-202...
United States >>  1/29/2018 - Byron Energy Limited (BYE) is pleased to advise that the Byron operated OCS-G34266 #F3 well (F3) on South Marsh Island Block 71 (SM 71), was drilled t...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Iraq Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |

Oil & Gas Projects in Iraq >>

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.