Quote:International oil companies could receive sole control of Iraq's oil
MENAFN - 21/05/2007
(MENAFN) A representative for Hands Off Iraqi Oil (HOIO) said that an Iraqi oil law could mean that international companies may receive full control of Iraqi oil fields for more than two decades, Iraq Directory reported.
It was also mentioned that Shell Company has been working hand in hand with the United States and Britain to arrange an international policy to permit multinational companies to receive solitary control of Iraq's oil fields.
A lobby has been set up who is represented by major energy companies such as BP, Shell, Exxon Mobil, Chevron, Total and ENI, and has been advised by the British government on approaches for persuading the Iraqi regime. The New York Times has issued a statement saying that 100,000 to 300,000 barrels of oil are not accounted for daily.
cannontrading
This is the law that the US has intensely pushed the Iraqi Parliament to pass.
This is the grand oil company prize for which our solders have been fighting, getting maimed, and dying.
One has to wonder if there are any appropriate age close family members of those oil company execs serving in Iraq right now.
My bet would be none.
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