Turkish TPAO withdraws staff from Iraqi oilfields
Turkey's state-owned Turkish Petroleum Corporation (TPAO) has decided to pull its 60-strong staff out of Iraq within three weeks, anticipating a possible US strike against its southeastern neighbor, reported AP.
TPAO is drilling 20 oil wells around in northern Iraq since September 2001, when it was granted a $2.5 million exploratory drilling contract by the Iraqi ministry of oil under UN Security Council authorization. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
- The deadlock deepens further: Kurdistan seizes two oil fields, state-owned oil company
- 8 million barells and beyond: Kurdistan speaks up on the extent of its independent oil ambitions
- The 'oil curse' just became more real: how oil smuggling in financing the ISIS’ operations
- Turkish PM Reports Fresh Turkish Incursion into Northern Iraq