Article

2007-08-08 Iraq

Tourists and investors to Iraq? Why not, say Kurds

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Posted by Floling Fleregum9749 2007-08-08 06:58|| || Front Page|| [5 views ] Top

#1 Investment discussions are going on in southeastern Iraq as well:

LONDON (Dow Jones)--Oil giants Total SA (TOT) and Chevron Corp. (CVX) have signed a services agreement that would lead to the two jointly exploring and developing hydrocarbons from one of Iraq's biggest oil fields once the country gets an oil law in place and security on the ground improves {this could take a while!} , people familiar with the deal say.
The two companies signed an agreement last year and are currently assessing above-ground conditions around Majnoon, Iraq's fourth biggest oil field, which sits near the border with Iran, and at least one other field in the south of Iraq, to see what development work is required, the people told Dow Jones Newswires.

Posted by Glenmore">Glenmore 2007-08-08 16:13|| 2007-08-08 16:13|| Front Page Top

#2 Travelers from outside the region are not allowed to pass unless a Kurdish resident meets them in person and "guarantees" their stay.

That's going to put a bit of a pinch on tourism, isn't it?

Posted by bigjim-ky 2007-08-08 18:20|| 2007-08-08 18:20|| Front Page Top

#3 bigjim-ky, that apparently means Iraqi (or Arab) non-Kurdish travellers. Anyone else, you're fine.

Posted by twobyfour 2007-08-08 23:30|| 2007-08-08 23:30|| Front Page Top

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