BAGHDAD: Indian firm seeks Iraq crude deal

BAGHDAD: Indian firm seeks Iraq crude deal
Reliance Industries, India's top exploration firm, will seek a role in developing Iraqi oil assets despite signing contracts with its largely autonomous Kurdish region, a move which angered Baghdad.

Reliance, which runs the world's third-largest oil refinery, will register with Iraqi authorities so it can compete for tenders, P M S Prasad, president and chief executive of the company's petroleum business, said at an industry event.

The Kurdish administration is moving ahead with plans to attract international energy companies to explore for oil and gas in the region, and has struck production sharing agreements with various firm, despite Baghdad's objections.

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