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Iraq wants France's Total to work in its oilfields: Talabani
Paris (AFP) Nov 18, 2009 Iraqi President Jalal Talabani told business leaders in Paris that he wanted to see the French energy giant Total working in his country's oil fields. "We might favour a French bid whatever the figures. Don't fear this auction. ... The figures aren't everything," he said during a state visit to France. "We want to see Total work in our oil fields." A senior Total executive confirmed that the company was preparing bids for an upcoming second round auction for two fields in Iraq. Talabani was on Tuesday treated to full ceremonial honours as he arrived at the Elysee palace for his first full state visit featuring a meeting with President Nicolas Sarkozy and a dinner given in his honour. The pomp and circumstance for Talabani in Paris came after Sarkozy paid a brief visit to Baghdad in February and confirmed a shift in France, the country that led international opposition to the US-led invasion in 2003. Since Sarkozy took power in 2007 there have been several exchanges of visits between the two capitals as France attempts to return to its status of Iraq's main business partner. Share This Article With Planet Earth
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Iran boasts can hike petrol output if US levies sanctionTehran (AFP) Nov 17, 2009 Iranian Oil Minister Masoud Mirkazemi on Tuesday announced the launch of an emergency petrol production plan in a bid to dodge possible US sanctions on fuel imports by the Islamic republic. The plan will see Iran's petrol production capacity increasing by 14 million litres per day with immediate effect, significantly boosting the present daily output of 44.5 million litres. ... read more |
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