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Exxon to name West Qurna buyer soon
- Iraq: Sunday, November 18 - 2012 at 01:45
Iraq's deputy prime minister for energy has said Exxon Mobil is in the advanced stages of talks with potential buyers to take on the country's West Qurna 1 oil field and there are enough appropriate candidates, Reuters has reported. Exxon is selling its stake in the south of the country to enable it to focus on its deal for exploration blocks in semi-autonomous northern Kurdistan. The central government had told Exxon it had to make a choice between working in southern Iraq or Kurdistan. The US oil major opted to stick with Kurdistan.
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