Iraqi Prime Minister, Adel Abdul Mehdi, denied on Tuesday a recent claim by Iranian ambassador in London, who stated that US will allow Iraq to do business with Iran, in exchange for an oil deal with Washington.
Iran’s ambassador in London on Monday was quoted by media reports saying that US would extent oil waiver to Iraq, in exchange for Baghdad signing a profitable oil deal with Washington. The claim was totally denied by Iraqi Prime Minister a day after.
Speaking to Reuters, Mehdi also announced his country’s developing talks to sign a $53 billion deal with Exxon Mobil and PetroChina.
According to the Prime Minister, “Iraq expects to make $400 billion over the 30 years the deal will be in effect,” Reuters reported.
The mega-project is very important to supplying water to the oilfields in the Southern part of Iraq.
