Translate

Friday, November 21, 2008

RIL oil deals with Kurdistan dubbed illegal by Iraq

Pacts for two oil blocks signed by Reliance Industries (RIL) in Kurdistan have been dubbed as illegal by the Iraq oil minister alleging that companies signing oil deals with Kurdistan Regional Government (KRG) cannot bid for lucrative oilfields contracts in Iraq.

Last year two oil blocks were signed by RIL in northern Iraq with the autonomous KRG. Iraq oil minister has warned any oil produced and taken away without approval of the central government was tantamount to smuggling and will be dealt with accordingly.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jun 16
04:00 Business NZ PSI 2 44.0 48.1 Revised from 48.5
04:31 Rightmove House Price Index (MoM) 1 -0.3% 0.6%
04:31 Rightmove House Price Index (YoY) 1 0.8% 1.2%
12:00 Producer and Import Prices (YoY) 1 -0.5%
12:00 Producer and Import Prices (MoM) 1 0.1% 0.1%
12:30 SECO Economic Forecasts 1
17:30 OPEC Monthly Market Report 1
17:45 Housing Starts s.a (YoY) 1 248.0K 278.6K
Economic Calendar >> Add to your site

Best Mutual Funds

Recent Posts

Search This Blog

IPO's Calendar

Market Screener

NSE BSE Tiker

Custom Pivot Calculator

Popular Posts

Market & MF Screener