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Saturday, December 01, 2007

EU, US oil firms’ uneasy gamble in Northern Iraq - NEW EUROPE

"EU, US oil firms’ uneasy gamble in Northern Iraq Author: Kostis Geropoulos 1 December 2007 - Issue : 758
Foreign oil companies jockeying for position in Northern Iraq are taking a great risk signing contracts with Iraq's Kurdish Regional Government (KRG), given Turkey’s ongoing conflict with the Kurdish rebels and Iraqi Oil Minister Hussein al-Shahristani’s threats to cancel the deals as long as the oil bill is not passed."

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