Thanks for the information below, we understand that you have been dealing with CNOOC in other region, s.

FYI
: We applied the LD that I sent you oin a previous email, because , the condition in iIraq is different with others CNOOC regions we need to adopt some regulation from the Iraqi Ggovernment which is mandatory since CNOOC and MOC ( Iraqi Ggovernment) havre already dealing in Technical Sharing Contract,

In
Cconclusion , Tenaris should accept the LD that we are applying now. , tThe UNACCEPTABLE term to LD term will result toin Tenaris asbeing disqualified company int the commercial stage,.

We have been dealing many times with companies outside
iIraq and they proposed a lot of exceptions ,. fFirstly, they do not want to follow strictly the ITT requirements and tried to stand on their exceptions, but Ffinally most of them agreed to follow the ITT requirements to allow them to continue to the next stage. bBut some suppliers and contractors were not agreeing , and we have had to disqualify them, . mMany companies that have been disqualified want to withdraw the exceptions after we have gotreceived a final decision, but unfortunately we can not get it back to them to re-evaluate.

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