Nepotism
Iraqi Cabinet approves China oil deal
2 hours, 25 minutes ago, AP
BAGHDAD - Iraq has approved a $3 billion deal with China to develop the al-Ahdab oil field.
It's the first Saddam-era oil deal to be honored by the new Iraqi government. It initially was canceled after the 2003 invasion.
A government statement says the Cabinet approved the deal on Tuesday. It was signed last week in China.
Under the contract, China National Petroleum Corp. will develop the field for 20 years. It's expected to produce up to 25,000 barrels a day after three years, and eventually reach 125,000 bpd.
The field is in Wasit province, about 99 miles southeast of Baghdad.
So where is all the critique about those Imperialist Americans and their apologists taking the spoils of war?
Yes, Mr. moderator this is a fair question just like the last one.
Southland: Yeaps, lets hope Iraq people finally gets the deserved peace.
Only God Can Judge Me
الله فقط يمكنه محاكمتي
I am you and you are me, if you love i love, if you suffer i suffer
أنا أنت, و أنت أنا, إذا أحببت نفسك أحببت نفسي, إذا عانيتَ عانيتُ
Actually that is the direction they have been going in since 1980. Let's see what the future holds. There are billions being invested in real estate and soon their oil production will skyrocket.
Brit: Wasn't Iraq alredy destroyed during the war with Iran?
Only God Can Judge Me
الله فقط يمكنه محاكمتي
I am you and you are me, if you love i love, if you suffer i suffer
أنا أنت, و أنت أنا, إذا أحببت نفسك أحببت نفسي, إذا عانيتَ عانيتُ
Some would say this was good!
I don't want to go in a different direction, but what good has come out of Iraq?
Hundreds of thousands have dies, the infrastructure of a country has been destroyed, society has been damaged and millions of kids traumatised..
That's my point, good can come from bad my friend. Just like good intentions can turn bad. What matters is the end result and the result is turning out to be good in Iraq and not just for Iraq but the region as a whole.
roflmao!
Southland: European countries are are Russia main customers for oil and gas, and Russians need european technology.
Only God Can Judge Me
الله فقط يمكنه محاكمتي
I am you and you are me, if you love i love, if you suffer i suffer
أنا أنت, و أنت أنا, إذا أحببت نفسك أحببت نفسي, إذا عانيتَ عانيتُ
I haven't heard much complaint from OPEC or Russia about the money they've been making since March 03. I hope they put it to good use as the ride is almost over.
I'm sure there are plenty of happy Kurds and Iraqi Shi'ite.
There also seems to be a groundswell of individual freedoms in the Arab world.
So just maybe good can come out of bad. It takes sh!t to grow food.
South: unfortunatelly, yes, you are right
Only God Can Judge Me
الله فقط يمكنه محاكمتي
I am you and you are me, if you love i love, if you suffer i suffer
أنا أنت, و أنت أنا, إذا أحببت نفسك أحببت نفسي, إذا عانيتَ عانيتُ
Not even freedom.
QT: i was only asking, didn't said u had said it, sorry if i confused you.
Brit: In Angola they tried to get some businesses without giving any money to Angola government.
Only God Can Judge Me
الله فقط يمكنه محاكمتي
I am you and you are me, if you love i love, if you suffer i suffer
أنا أنت, و أنت أنا, إذا أحببت نفسك أحببت نفسي, إذا عانيتَ عانيتُ
There are other articles I read, sorry, but I can't remember the sources now!
Plato, what are you on about? I didn't say that! I agree with Brit, that the US expects payback. ...and they take what they say they are owed!
What has that got to do with Sadam?
Good article.. To be honest, the USA will expect "payback" for the "liberation" effort..Its only natural..
Palatao; Last year China tried to purchase Unocal , but were rebuffed..
QT: Chinese are doing exactly the same, all over the world, just tgat they give it another name because China is supposed to be communist ;)
Only God Can Judge Me
الله فقط يمكنه محاكمتي
I am you and you are me, if you love i love, if you suffer i suffer
أنا أنت, و أنت أنا, إذا أحببت نفسك أحببت نفسي, إذا عانيتَ عانيتُ
You mean like this?
http://www.handsoffiraqioil.org/
"Everything in this book may be wrong." Illusions: The Adventures of The Reluctant Messiah by Richard Bach
QT: So, you think that Saddam should have been allowed to keep rulling Iraq and killing oppositors as he did?
Only God Can Judge Me
الله فقط يمكنه محاكمتي
I am you and you are me, if you love i love, if you suffer i suffer
أنا أنت, و أنت أنا, إذا أحببت نفسك أحببت نفسي, إذا عانيتَ عانيتُ
I'm sure you'll find out if you dig a little deeper!
Roll on the Chinese.
Watch them closely, they have been doing this now all over the world. Minerals,Oil and resorces they need. Moving in, developing the sites and all goes back to China. At the rate their infrastrucure is growing, it's teir way of ensuring they own supply.
Motivation is when your dreams put on work clothes.
- Ben Franklin
Royal Dutch Shell.
QT - Oh, so the West is guilty of extortion ;)
britexpat - I agree.
...whilst the Chinese are looking to develop an oil field!
Does that answer your question?
Aren't Shell and BP british?
Only God Can Judge Me
الله فقط يمكنه محاكمتي
I am you and you are me, if you love i love, if you suffer i suffer
أنا أنت, و أنت أنا, إذا أحببت نفسك أحببت نفسي, إذا عانيتَ عانيتُ
Actually, this is a continuation of a deal the company had madew with Saddam's government before his downfall.
Western oil companies are vying for the major contracts . companies like Exxon, Shell and BP are favourites to land the contracts to be awarded soon.