Exxon CEO Silent on KRG oil deal

ExxonMobil‘s Chief Executive, Rex Tillerson (pictured), refused on Tuesday to answer questions about the company’s deal with the Kurdish Regional Government (KRG).

When asked at a World Petroleum Congress in Qatar if he thought the contracts would hold up under Iraqi law, Tillerson said,  “I’m not in a position to comment on that”.

At a press conference after the panel, Tillerson was again asked about the ramifications of the Kurdish contracts, and again declined to answer.

Last month, the U.S. State Department said it warned Exxon that any deals it signs with the Kurdish government may be annulled by Baghdad.

(Source: CNN)

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