Iraq sees deal with Exxon Mobil, PetroChina ‘very soon’: oil minister

FILE PHOTO: Iraqi oil minister Thamer Ghadhban speaks to the media at the ministry's headquarters in Baghdad
FILE PHOTO: Iraqi oil minister Thamer Ghadhban speaks to the media at the ministry’s headquarters in Baghdad, Iraq October 31, 2018. REUTERS/Khalid Al-Mousily/File Photo

May 8, 2019

BAGHDAD (Reuters) – Iraq oil minister Thamer Ghadhban said on Wednesday he expects his ministry to sign an initial deal with Exxon Mobil and PetroChina “very soon”, but did not give a specific date.

“We have managed to take a step forward in resolving some lingering issues in the deal,” Ghadhban said at an oil ministry event.

Once the talks end, the initial deal will be studied by the ministerial energy committee before referring it to cabinet for approval, Ghadhban added.

(Reporting by Ahmed Rasheed; writing by Raya Jalabi; editing by Jason Neely)

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