By the Blouin News Business staff

Posts Tagged: energy sector

Iraq turns from Turkey to Kuwait

by in Middle East.
Iraq turns from Turkey to Kuwait
A joint Iraqi-Kuwaiti Committee was held in April 2012 in Baghdad, Iraq, to resolve problems existing between them. Getty Images

On January 27, Kuwait Energy will formally become the majority stakeholder in the exploration consortium for Iraq’s oil block 9 located in the southern Basra Province, near the Iranian border. That day it adds the 30% stake held by Turkey’s state-owned TPAO to its current 40% holding.
Baghdad gave TPAO the boot…

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