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Reference F.R. 9. We have received a letter dt. 24.10.2013 received from OIL regarding investment opportnities in !rdistan region in "orthern Ira#. OIL has stated that the$ have prses varios %&' opportnities on a reglar (asis across the )lo(e as part of its gro*th strateg$ and to enhance energ$ secrit$ for India. +s of no* the compan$ is a(le to sccessfll$ (ild an international %&' portfolio covering contries,-ch as, -+, /ene ela, Li($a, ar(on, emen and "igeria etc. rrentl$, India and Ira# engages in discssions to promote (ilateral trade and investments (et*een (oth the contries. In this conte t, OIL has re#ested to advice on the %&' opportnities in the !rdistan region. 10. In vie*s, of the a(ove, *e ma$ see advice on the a(ove isse from 5%+ as per 6F+ please.

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Reference F.R.9.We have received a letter dt. 24.10.2013 received from OIL regarding investment opportunities in Kurdistan region in Northern Iraq. OIL has stated that they have pursues various E&P opportunities on a regular basis across the Globe as part of its growth strategy and to enhance energy security for India. As of now the company is able to successfully build an international E&P portfolio covering countries, Such as, USA, Venezuela, Libya, Carbon, Yemen and Nigeria etc. Currently, India and Iraq engages in discussions to promote bilateral trade and investments between both the countries. In this context, OIL has requested to advice on the E&P opportunities in the Kurdistan region.10.In views, of the above, we may seek advice on the above issue from MEA as per DFA please.