- Eni (E -0.3%) threatens to leave Iraq unless Baghdad signs outstanding energy contracts "within a couple of weeks" after waiting for six months, CEO Paolo Scaroni says.
- Eni is operator of the Zubair oil field, where current production is ~300K bbl/day; other partners are Occidental Petroleum (OXY), Korea Gas and Iraqi state company Missna Oil.
- Iraqi government red tape is becoming a growing problem for western oil companies; the future of BP's Rumalia oilfield is in question after a bureaucratic foul-up.
Eni threatens to quit Iraq if contracts aren't renewed soon
From other sites
at CNBC.com (Dec 7, 2014)
at CNBC.com (Nov 7, 2014)
Video at CNBC.com (Sep 8, 2014)
at CNBC.com (Mar 31, 2014)
at CNBC.com (Feb 20, 2014)
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