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Tuesday, August 30, 2005

Oil, Kurds and Iraq!Iran is Big ABSENT!!

According to following writing Kurds are doing good business with Turkey.But where
is Iran? Why it is so absent?

George Gause:
One was signed on 14 January 2003, by the Sulaymaniyya regionalgovernment with a Turkish firm PetOil Petroleum. This agreement cited as its
enabling authority a 17 September 1998 "Final Statement" between the KDP,
the PUK and the US State Department which apparently established the
principle that the provincial government was the responsible body for
negotiating oil deals.
The second was signed on January 20, 2004 between the Kurdish regional
government and the Turkish firm Genel Energi A.S.
It relied for its
enabling authority the popularly elected Kurdish assembly, which formed
the Kurdish regional government. Since the Kurdish people own the
resources of the region, their elected government is empowered to develop
investment in these resources. This contract also referred to the 17
September "Final Statement" signed by the US State Department.

The third was signed in July 2004 between the Norweigian company DNO and
the Kurdish regional authority
. No text on this one, but an official
source in the company told the International Oil Daily (August 12, 2005)
the details of the agreement. The source reports that the company has
already conducted seismic tests around Zakho and is preparing to drill its
first exploratory well.

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