"Heritage’s Genel purchase runs into hurdle
KARI LUNDGREN
LONDON - Bloomberg
Northern Iraq's oil exports, which started in June, have been hampered as the regional and central governments dispute arrangements for paying international producers. AP photo
Northern Iraq's oil exports, which started in June, have been hampered as the regional and central governments dispute arrangements for paying international producers. AP photo
Heritage Oil, the U.K. explorer buying Turkey’s Genel Energy International, said the takeover is being delayed by the formation of a new regional government in northern Iraq, where the companies operate."
More:Heritage’s Genel purchase runs into hurdle - Hurriyet Daily News and Economic Review
