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| Iraq |
| Falling prices, rising threats cool interest in Kurdish oil |
| 2015-04-26 |
| [Rudaw] The hall for the Erbil Oil and Gas Exhibition this week was crowded with company displays, executives and investors. But conspicuously absent were international oil giants like Shell, Exxon-Mobil and Chevron that only a year ago were eager to exploit the promising reserves of Iraq's autonomous Kurdish region. The threat of Islamic State ...formerly ISIS or ISIL, depending on your preference. Before that al-Qaeda in Iraq, as shaped by Abu Musab Zarqawi. They're very devout, committing every atrocity they can find in the Koran and inventing a few more. They fling Allaharound with every other sentence, but to hear the pols talk they're not reallyMoslems.... group krazed killers, who have swept across much of northern Iraq and are battling Kurdish forces only miles away from the Kurdish capital, Erbil, has dampened international interest. The security threat only increases oil companies' doubts, on top of falling oil prices and disputes between the Kurds and the Iraqi central government in Baghdad. |
| Posted by:trailing wife |