Tuesday, February 12, 2013

Kuwait Energy presses on Iraq, no Kurdish plans


Kuwait Energy says it is firmly fixed on pumping gas and finding oil in southern Iraq and will not risk aggravating Baghdad by seeking contentious deals with the northern autonomous region of Kurdistan.

Sara Akbar, CEO of Kuwait Energy, says strong ties with Baghdad are core to its strategic investment in southern Iraq.

"It's very simple. From the beginning, our ambition was to be able to develop gas in Iraq and to export some of that gas to Kuwait," she said in an interview.

Read more: http://www.arabianbusiness.com/kuwait-energy-presses-on-iraq-no-kurdish-plans-489139.html

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