Iraqi oil minister talks to US companies about possible cooperation

[sabra]

http://www.turkishdailynews.com.tr/article.php?enewsid=50018

Iraqi oil minister talks to US companies about possible cooperation

WASHINGTON - The Associated Press

Iraq's oil production is expected to roughly double over the next four years to 4 million barrels a day, the country's oil minister predicted on Wednesday after meeting with U.S. energy officials and executives from nine major oil companies to discuss possible future cooperation in developing Iraq oil fields.

“We are increasing production,” Iraqi Oil Minister Hussein al-Shahristani told reporters.

...

Al-Shahristani met with representatives of major oil companies, including Exxon Mobil Corp., Chevron, Shell Oil Co., and BP America Inc., to explore ways that these companies might participate in expanding Iraq's oil sector and developing new fields.

...

But al-Shahristani expressed resounding optimism about the future of Iraq's oil industry and said he was interested in international partnerships to develop fields in all regions of the country. In 10 to 15 years, Iraq will "be in a position to be the second largest producer and perhaps the largest," he told reporters.

Bodman acknowledged that forecast was "quite optimistic."

[Norquist Nemesis]

1. Ooops! I thought that read "possible Corporation"

Silly me!

[Megahurtz]

2. Hahaha!

:7 Yeah and who's Corporation?

[MarinCoUSA]

3. Ah yes. And now the real pay off begins!

Finally, some reliable client folks in Iraq we can deal with.

Finally!

Let the pumping begin.

[Ezlivin]

4. "..[P]ossible cooperation" should read "possible collusion"

Collusion more aptly describes the partnership.