Gazprom still looking to develop Kurdish blocks

Kurdistan: Gazprom Neft is still reportedly planning to develop two blocks in the semi-autonomous region

Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, is still interested in Kurdistan's oil, according to reports.

In August, Gazprom Neft acquired interests in two blocks in Iraq's Kurdistan region, after similar moves by international rivals angered the central Iraqi government in Baghdad.

The International Oil Daily cited Iraqi Oil Minister Abdul-Kareem Luaibi as saying Baghdad received a letter from Gazprom, in which the company said it had frozen the contract with Kurdistan.

However Reuters quoted an unnamed Gazprom Neft source as saying the company was still working on the projects.

A company spokeswoman declined to comment.

Gazprom Neft already has a project in Iraq, near the Iranian border, where it expects…

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