dimanche 17 février 2008

Kurds sign more oil deals with South Korea

Media reports from Seoul say Iraq’s Kurds have signed deals for oil and other projects with a South Korea consortium, but details are sketchy, United Press International reports.

If so, the move would heighten current tensions between the Kurdistan Regional Government and Iraq’s central government, and mark a departure from the previous 20 controversial oil deals that were announced with fanfare by the KRG itself.
Part of the deal, it appears, is a construction of roads and other infrastructure package with South Korean firms.

Bloomberg’s Kyunghee Park has more.


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