Total not sure if Iraq wants firm to quit Halfaya

  • Iraq: Tuesday, November 13 - 2012 at 01:56

Christophe de Margerie, the chief executive of Total, has said it is not clear if Iraq wants the French oil giant to withdraw from a major southern oil field, amid media reports from the Iraqi central government that doing deals with Kurdistan could jeopardise its projects in the south of the country, Zawya Dow Jones has reported. Iraq's deputy prime minister, Hussein al-Shahristani told reporters following Total's entry into Kurdistan that it must end its dealings with the semi-autonomous region or sell its stake in Halfaya. He did not specify the time by which Total needed to make a decision. "It has not been very clear. At least we took it as not very clear," said de Margerie when asked about whether Total was told to withdraw from Halfaya.

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