Iraq threatens to blacklist RIL

PUBLISHED ON: November 15, 2007 | Duration: 2 min, 05 sec

  
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Iraq threatened to blacklist India's Reliance Industries (RIL) from future oil contracts after the company struck a deal with the Kurdish regional Government for two blocks without Baghdad's approval. "Our position is very clear. Any company that signs contracts with the Kurdish Regional Government without approval of the central government, they will compromise chances of getting future opportunities in Iraq," Iraq Oil Minister Hussain Al-Shahristani said.
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