-Caveat Lector-
Begin forwarded message:
From: [EMAIL PROTECTED]
Date: September 12, 2007 1:16:54 PM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Iraqi Oil Minister in OPEC Calls Hunt Oil Deal with Kurds
ILLEGAL
Iraqi oil minister: Hunt Oil deal with Kurd regional government
illegal
The Associated Press, September 10, 2007
http://www.iht.com/articles/ap/2007/09/10/business/EU-FIN-Austria-
Iraq-Hunt-Oil.php
VIENNA, Austria: An agreement announced this weekend between U.S.-
based Hunt Oil Co. and the self-ruled Kurdish administration of
northern Iraq to explore for oil is illegal, Iraq's oil minister
Hussain al-Shahristani said Monday.
Those comments underscore the central government's view that
exploration contracts with foreign companies should be signed only
after the adoption of a new national oil law, which has been
stalled for months.
"Any oil deal has no standing as far as the government of Iraq is
concerned," al-Shahristani said as he arrived for an OPEC meeting
in Vienna. "All these contracts have to be approved by the Federal
Authority before they are legal. This (contract) was not presented
for approval. It has no standing."
Hunt Oil, a privately held independent oil company, and the Kurdish
regional government said Saturday they had signed a production-
sharing contract for petroleum exploration in the Kurdistan region
of northern Iraq. Terms were not disclosed.
Dallas, Texas-based Hunt declined to comment Monday.
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