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Al-Shahristani: Baghdad wants changes in oil deals

02/21/2011
Eric WatkinsOil Diplomacy EditorIraq's Deputy Prime Minister Hussain Al-Shahristani, who oversees energy for the government, said Kurdistan's production-sharing contracts (PSCs) with international oil companies (IOCs) must be turned into service contracts in order to be approved by the central government."All the contracts we [central government] have signed were service contracts, and we expect that all these [Kurdish PSCs] should be amended to be service contracts in order to be approved," Al-Shahristani said, contradicting earlier remarks by Prime Minister Nuri Al-Maliki.Just a day earlier, in an interview with the AFP news agency, Al-Maliki appeared to signal an end to the l...
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