"THE NEXT OIL BOOM" - FORTUNE Drawn by new discoveries, energy giants like EXXON MOBIL and CHEVRON are flocking to Kurdistan in northern Iraq. But their presence is provoking tensions with Baghdad and could help ignite a deadly conflict (page 208-209) - By VIVIENNE WALT - FORTUNE - May 20, 2013 -Fortune.Com Volume 167 - Number#7 [VERY IMPORTANT - PLEASE PAY ATTENTION TO THE FOLLOWING - B.U.] (Page: 212 - in the first paragraph and first colon) "In December, Kurdistan began trucking its oil to Turkey, and more recently, it is believed, has secretly signed a deal with Turkey for an independent pipeline." [CAPTURE] CONFLICT ZONE Kurdistan and the Iraqi government have clashed over control of oil-rich areas like Kirkuk --Page: 213> THE KURDS HAVE PROVOKED BAGHDAD BY SELLING OIL DIRECTLY TO TURKEY (capitalized by B.U.). . . . (VERY IMPORTANT - VERY IMPORTANT - VERY IMPORTANT) [Page: 214 - CONCLUSION - Fortune.Com - Volume 167 - Number#7] "In April, the newsletter oil Report reported that Turkey was considering separate oil payments to Iraq and Kurdistan through an esrcow account. That would be in direct opposition the US policy, which calls for a federal oil authority. But these days Washington in less and less assured of getting what it wants in Iraq. As oil begins to flow, Kurdistan finally has the means to create something closely resembling an independent country. The question now is whether its gushers can be pumped without an out pouring of blood too." [email protected] (For your information. B.U.)
Posted on: Sun, 09 Jun 2013 16:55:04 +0000
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