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U.S. Energy Influence in Iraq
February 9, 2012 | 1254 GMT
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With ExxonMobil having set the precedent, we are seeing other foreign oil majors -- Chevron Corp., ConocoPhillips, Italy's ENI and France's Total -- moving to deal directly with Arbil. Al-Maliki cannot afford a protracted dispute with his country's most important partner in developing Iraq's future. He had to back down from his threats, despite the precedent set against his authority over future Kurdish oil deals.
February 9, 2012 | 1254 GMT
[You must be registered and logged in to see this link.]
With ExxonMobil having set the precedent, we are seeing other foreign oil majors -- Chevron Corp., ConocoPhillips, Italy's ENI and France's Total -- moving to deal directly with Arbil. Al-Maliki cannot afford a protracted dispute with his country's most important partner in developing Iraq's future. He had to back down from his threats, despite the precedent set against his authority over future Kurdish oil deals.
