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Randi Rhodes Message Board > Main Forums > Focused Interests > Iraq / Afghanistan
Morgan
Deals with Iraq are set to bring oil giants back
By Andrew E. Kramer
June 19, 2008

BAGHDAD: Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power.

Exxon Mobil, Shell, Total and BP — the original partners in the Iraq Petroleum Company — along with Chevron and a number of smaller oil companies, are in talks with Iraq's Oil Ministry for no-bid contracts to service Iraq's largest fields, according to ministry officials, oil company officials and an American diplomat.

The deals, expected to be announced on June 30, will lay the foundation for the first commercial work for the major companies in Iraq since the American invasion, and open a new and potentially lucrative country for their operations.

The no-bid contracts are unusual for the industry, and the offers prevailed over others by more than 40 companies, including companies in Russia, China and India. The contracts, which would run for one to two years and are relatively small by industry standards, would nonetheless give the companies an advantage in bidding on future contracts in a country that many experts consider to be the best hope for a large-scale increase in oil production.

continued...

You know, the Federal Reserve has been withholding all Iraq 'recontruction funds' from the US GOVT until the Iraqi Govt signs those contracts. They say they're withholding the funds until they reach a better 'security arrangement', but its really the oil deal they're after.
http://www.upi.com/Emerging_Threats/2008/0...93611212810507/
http://www.globalresearch.ca/index.php?con...va&aid=9336
KenPickles
Here is the link to Condi's response to the No-Bid Contracts...

http://afp.google.com/article/ALeqM5i5aNBI...Up0g8G3pPyUsrHg


My favorite part... Blatant lying denial right out of the gates.

"The United States government has stayed out of the matter of awarding the Iraq oil contracts. It's a private sector matter"

When she says "United States government", she must mean "Some Democrats".

Guess who interviewed Condi?

Here's a hint... Rhymes with COCKS.

-Ken
zatoichi
The Iraqi government should run out the clock.

Regarding the Bush Crime Family wishes, the Iraqi government should say: fuck that! They can do better.

They will get a much better deal with the group of adults that will be known as the Obama Administration
roborok
That's Why We Went Into Iraq,That's Why We're In Iraq & That's Why We Will Stay In Iraq!!! fuct.gif tirade.gif
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