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Bloomberg reported Total SA (NYSE:TOT) is seeking investment opportunities in Kurdistan.
Bloomberg reported Total SA (NYSE:TOT) is seeking investment opportunities in Kurdistan.
As quoted in the market news:
The authorities in the semi-autonomous Kurdish region of northern Iraq, home to about 40 percent of the country’s 115 billion barrels of reserves, angered Baghdad by signing a contract with Exxon Mobil Corp. The central government has so far refused to recognize production-sharing agreements between foreign companies and the Kurds.
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