Iraq's oil minister expects deal with Exxon Mobil, PetroChina ‘very soon’

Iraq's oil minister expects deal with Exxon Mobil, PetroChina ‘very soon’
Thamer Ghadhban said the last step would be to submit the deal to the cabinet for approval. (AFP/File)
Updated 08 May 2019
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Iraq's oil minister expects deal with Exxon Mobil, PetroChina ‘very soon’

Iraq's oil minister expects deal with Exxon Mobil, PetroChina ‘very soon’
  • The oil minister said they have resolved some issues in the deal
  • The deal will later be referred to the ministerial energy committee and the cabinet for approval

BAGHDAD: Iraq oil minister Thamer Ghadhban said on Wednesday he expects his ministry to sign an initial deal with Exxon Mobil and PetroChina “very soon,” but did not give a specific date.
“We have managed to take a step forward in resolving some lingering issues in the deal,” Ghadhban said at an oil ministry event.
Once the talks end, the initial deal will be studied by the ministerial energy committee before referring it to cabinet for approval, Ghadhban added.