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Dunia Weekly Iraq Market Tracker

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1Dunia Weekly Iraq Market Tracker Empty Dunia Weekly Iraq Market Tracker Mon Feb 06, 2012 12:37 pm

Fast Eddie


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Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a proxy Iraq play as much as practicable. It also identifies and analyzes the primary political and security events that occur in country that have market-moving implications.

Companies Mentioned:

BP, Exxon Mobil, Lukoil, Shell, Statoil, Total
Action Calls:

Iraqiya ends parliamentary boycott, discusses ending cabinet boycott: Iraqiya fading as Iraq moves towards semi-stable majority government.
Statoil to sell WQ-2 stake to partner Lukoil: Confirming Statoil’s exit in south, perhaps freeing it to look north?
Iraq again delays 4th bid round auction: Bigger news is Exxon’s re-entry onto list of bidders.

Headlines:

Maliki advisor: oil law pushed to late 2012: Not necessarily surprising, but underlines that Kurds are building facts on ground, rather than relying on promises in Baghdad.
Turkish official cancels Baghdad anti-terror trip: Minor indicator of larger trend – Erbil-Ankara entente at expense of Baghdad.

Calendar:

This month – Iraqiya ends cabinet boycott
Next month – National Reconciliation Conference?

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