Iraq nonetheless at odds with Exxon, Petrochina over mission: minister



FILE PHOTO: Iraqi Oil Minister Thamer al-Ghadhban speaks to the media at the ministry's headquarters in Baghdad
FILE PHOTO: Iraqi Oil Minister Thamer al-Ghadhban speaks to the media on the ministry’s headquarters in Baghdad, Iraq October 31, 2018. REUTERS/Khalid Al-Mousily/File Photograph

February 11, 2019

BASRA, Iraq (Reuters) – Iraqi Oil Minister Thamer Ghadhban stated on Monday that disagreements remained over profit-sharing between the federal government and Exxon Mobil and Petrochina over its South Built-in Mission.

Talking at a information convention in Basra throughout his first go to to the oil-rich province since taking workplace, Ghadhban stated he believed income exceeding the agreed upon value ought to go to Iraq, to not overseas corporations.

The South Built-in Mission entails improvement of the Nahr Bin Umar and Ratawi oilfields and associated infrastructure.

(Reporting by Aref Mohammed; writing by Ahmed Aboulenein; enhancing by Jason Neely)



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