- Exxon Mobil is committed to its contracts in the Kurdistan Region, said the Kurdish Blocs Coalition (KBC) in the Iraqi Council of Representatives yesterday.
Coalition member Farhad al-Atrushi said the US company sent a note on March 8 to the region confirming that it is committed to all of its contracts in Iraq, including those in Kurdistan.

Exxon angered Baghdad when it signed exploration agreements with the Kurdistan Regional Government (KRG). This was considered by the federal government as illegal.

Iraq's oil minister Abdul Karim Luaibi said on Friday that Exxon informed Baghdad on March 5 that it had frozen its work in the Kurdistan Region.
"Luaibi's statements came three days before the company sent its note," said Atrushi.

The presidency of the Kurdistan Region later denied Luaibi's statements and said that Exxon continues to operate in the region.

The KRG announced in November that it had signed an agreement with Exxon to explore six sites. Exxon is considered to be the first major oil company to deal directly with the KRG.

The Iraqi oil ministry signed a contract with Exxon and Shell in October 2010 to develop West Qurna field.








AKnews