Iraq: KRG-ExxonMobil oil contract likely to be frozennote

The oil exploration contract that was signed last month by the Kurdistan Regional Government (KRG) and ExxonMobil is said to have been frozen for the time being. The following 415-word report sheds light on the subject and tells what about the developments that led to suspend the contract and under what conditions and considerations. It also tells what about the efforts President Jalal Talabani made to contain the situation.