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Pertamina to buy part of Exxon stake in Iraqi oilfield
Topic Started: Aug 26 13, 5:30 (1,017 Views)
ALAN
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[8:37] 13/Aug/26
Pertamina to buy part of Exxon stake in Iraqi oilfield

PNA - Indonesia's state oil firm Pertamina is set to buy a stake in Iraq's giant West Qurna oilfield from Exxon Mobil, joining PetroChina in the USD 50 billion project, industry and Iraqi oil sources said that on Thursday August 22nd 2013.

The deal could be Pertamina's largest foreign acquisition and mark its first move into Iraqi oil and gas production since U S led forces toppled leader Saddam Hussein in 2003.
As things now stand, Pertamina is likely to take a 10% stake in the project at the southern oilfield, now pumping nearly 500,000 barrels per day.
AbdulKarim Luaibi Iraqi oil Minister said US energy giant ExxonMobil Corp has sought Iraqi government approval to sell 35% of its stake in the West Qurna-1 oil field.
Exxon, which holds 60% stake in the oil field, plans to sell 25% stake to PetroChina Co and 10% stake to Indonesia’s Pertamina, he said.

- See more at: http://www.peyamner.com/English/PNAnews.aspx?ID=319015#sthash.4IQv5nXJ.dpuf
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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ALAN
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one (non)genius iracki once said on a forum that Exxon would never choose Kurdistan over irack the fact that it did regardless of their reason it always puts a smile on my face :)
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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