U.S. official confirms Exxon seeking to leave Iraq's West Qurna

EnergyReuters

A U.S. official confirmed on Thursday that Exxon Mobil told the State Department it is seeking to leave Iraq's West Qurna oilfield project.

"They've got a contract and they have to exit the contract," the official said about Exxon, which had concerns about the profitability of the project.

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The State Department declined to comment on the record.

(Reporting by Timothy Gardner; Editing by Eric Beech)