Original Article Post Date:
Iraqi Oil Contracts Reward Kuwait, Punish Turkey
By: Omar al-Shaher for Al-Monitor Iraq Pulse. Posted on February 1.
Iraq has signed a final service contract with a consortium of two gulf companies, one of which is Kuwaiti, to develop the ninth of 12 exploration blocks included in the fourth round of licenses. The signing has completely ruled out a Turkish company that was part of the initial agreement in this investment.
Posted on: February 1 2013
Translated by: Sami-Joe Abboud and Joelle El-Khoury
While this contract reflects the improved economic relations between Iraq and Kuwait following years of animosity, it also shows the depth of the dispute between Baghdad and Ankara.