NO U.S. OIL BONANZA
The results run counter to predictions of some critics of the U.S.' 2003 Iraqi invasion, who envisaged domination of Iraqi oil by U.S. oil majors.
"We haven't really seen U.S. companies, and that is because of intense competition ... The issue is financial and technical and not at all political. This confirms Iraq can manage its oil policy and activities without politicization," said Thamir Ghadhban, a prime ministerial advisor and former oil minister.
The terms of Iraq's 20-year oilfield service contracts were seen by analysts as tight, and the legal ambiguity and security issues involved in a country still plagued by bombs and near constant political crisis may be a deterrent for some.
War for Iraq oil. Pfffft! Iraq war was always about revenge and neo-con dreams of installing democratic governments in the mid-East.
- Forums
- General
- why the us & uk are going in so hard in libya
NO U.S. OIL BONANZAThe results run counter to predictions of...
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries