Maliki Holds Talks with Exxon Boss

By John Lee.

Prime Minister Nouri al-Maliki held talks with ExxonMobil chief Rex Tillerson (pictured) on Monday.

AFP reports that the meeting was the first between the two since the firm signed an oil exploration agreement with Kurdistan in October 2011, a move which angered Baghdad, which has said the company must choose between its deals with Baghdad and Erbil.

Late last year Exxon informed Baghdad that it wanted to sell its stake in the West Qurna-1 project, indicating it would focus on the controversial Kurdish deal.

Maliki appeared to once again rule out the sort of production-sharing deals that Exxon has signed with Kurdistan, arguing that Iraq's oil "belongs to all Iraqis ... Iraqis are partners in the oil that is discovered in any part of Iraq, they cannot be partners in Basra and not partners in other areas".

Tillerson is said to have expressed Exxon's keenness to "continue its work and expand in Iraq", while also apparently mentioning "important decisions in this area" that would be taken, though no further details were provided.

(Source: AFP)

4 Responses to Maliki Holds Talks with Exxon Boss

  1. someone 23rd January 2013 at 09:42 #

    The rumors from close persons to Exxon are, Mr. Rex refused to quit from North Iraq deals and even not negotiate it. He is very clear that they will continue their operations up there. They are going handover some of their shares in Basra and keep holding some of them.

  2. Mohammad 26th January 2013 at 12:08 #

    Exxon's design of split and divide Iraq for the sake of Oil has only hurt other US economic interest in Iraq, Exxon as a main player has set an arrogant course in the mind set of Iraqi politician’s on what other US business may end up doing if not contained. Iraq is struggling now but eventually will come out as an area economic power and still be suspicious of companies like Exxon and its political interference that is counterproductive to their soverginity.

  3. Lorenzo 28th January 2013 at 17:16 #

    Maliki threatening is not good for business. If Maliki means what he says, just do it and not forewarn Exxon or any other enemies. What does he want to achieve? A better defende, preparation or just genuine humiliation?
    At the other hand, Maliki will be no more very soon so who takes him seriously? He has succeeded in getting angry enemies everywhere and what a heritage of relations, he will leave to the next PM opf Iraq. Whoever is elected as the new PM of Iraq is fool proven, that he or she will be an improvement.
    You never catch flie with vinager but with sugar

  4. Akeel Al-Kawthar 31st January 2013 at 13:32 #

    An advise to the Iraqi govenment.It is wise to let Exxon choose where they want to operate. The Iraqi government need to settle their differences with Iraq Kurdistan outside Exxon.