Reuters: Deals: Iraqi Kurdistan says Exxon committed to oil deal

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Iraqi Kurdistan says Exxon committed to oil deal Apr 6th 2012, 00:44 Tweet Share this Email Print Related News Analysis: In Iraq, oil majors play north versus south 6:29am EDT UPDATE 2-Baghdad, Kurdish oil clash deepens rift Mon, Apr 2 2012 Iraq's Shahristani charges Kurdistan over oil halt Mon, Apr 2 2012 Iraqi Kurdistan halts oil exports over pay dispute Sun, Apr 1 2012 Slain Iraqi-American woman buried in Iraq Sat, Mar 31 2012 Analysis & Opinion Pricey exploration means dear oil is here to stay Obama's first foreign policy blunder Related Topics Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » The Exxon corporate logo is pictured at a gas station in Arlington, Virginia January 31, 2012. Credit: Reuters/Jason Reed ARBIL, Iraq | Thu Apr 5, 2012 8:44pm EDT ARBIL, Iraq (Reuters) - The chief executive of U.S. oil major Exxon Mobil (XOM.N) on Thursday reaffirmed the company's commitment to its oil deal with Iraq's autonomous northern Kurdish region, a statement from the Kurdish presidency website said. Iraq's central government and the Kurdistan Regional Government (KRG) have a long-standing feud over control of oil in the north and the announcement of an oil contract between Exxon and the KRG last October infuriated Baghdad. The central government threatened to bar Exxon from future deals and has said it would even reconsider its role in a huge oil project in southern Iraq. A statement from the Kurdish Presidency website posted late on Thursday said the region's President Masoud Barzani had met with Exxon Chief Executive Officer Rex Tillerson while visiting the United States. "Rex Tillerson renewed the commitment of his company's signed contracts with Kurdistan and Iraq and expressed the readiness of Exxon Mobil to continue its work in Kurdistan," the statement said. On Monday, Baghdad said Exxon had frozen its work in the Kurdish region. The KRG denied this. (Reporting by Shamal Aqrawi; Writing by Serena Chaudhry; Editing by Sugita Katyal) Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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