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paineinthearse Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-26-05 08:54 AM
Original message
Iraq: The carve-up begins
http://mathaba.net/x.htm?http://mathaba.net/0_index.shtml?x=251021

Iraq: The carve-up begins
Posted: 06/26
From: The London Line

<snip>

Tom Burgis reports:

The Iraq war has so far cost America and Britain £105billion. But the financial clawback is gathering pace as British and American oil giants work out how to get their hands on the estimated £3trillion worth of oil. Executives from BP, Shell, Exxon Mobil and Halliburton, Dick Cheney's old firm, are expected to congregate at the Paddington Hilton for a two-day chinwag with top-level officials from Iraq's oil ministry. The gathering, sponsored by the British Government, is being described as the "premier event" for those with designs on Iraqi oil, and will go ahead despite opposition from Iraqi oil workers, who fear their livelihoods are being flogged to foreigners. The Met will be on hand to secure the venue ahead of the conference.

"This is a networking opportunity for UK businesses involved in Iraqi oil," explained Dr Hussain Rabia, managing director of the consultancy Entrac Petroleum Ltd. "We have the moral support of the UK government. They're bringing the guys over from Iraq, offering them visas. We expect all the big oil companies to be there," he said. Delegate numbers are described as "confidential". Shell spokesman Simon Buerk would not confirm that a representative of the company would be attending, but said he "wouldn't be at all surprised if they were". "We aspire to establish a long-term presence in Iraq," he said. "We have been helping the Ministry of Oil and engineers with training."

Those who have purchased their £1,200 tickets can expect access to executives from Iraq's oil ministry, including Salem Razoky, the director general of exploration. But Iraqi oil workers are furious about the conference. "The second phase of the war will be started by this conference carving up the industry," said an outraged Hasan Juma'a, head of the Iraqi General Union of Oil Employees. "It is about giving shares of Iraq to the countries who invaded it - they get a piece of the action as a reward. The British government will back this action in order to pay its debt in Iraq." Hasan, who represents 23,000 skilled oil workers, fears that deals struck at the conference will see profits from Iraq's massive oil reserves - the second richest in the world - lining the pockets of multinational corporations at the expense of the Iraqi people.

Previous form suggests his concerns are well founded. Under the initial wage table drawn up by Paul Bremer's provisional Baghdad government in September 2003, oil workers were to receive a minimum monthly pay packet of £25. After a threatened union strike, it was raised to £38. And, Hasan insists, "Iraqi oil workers are good enough to rebuild without any need of help." Greg Muttitt, a researcher with Platform, an independent environmental think thank, agrees. "The decisions on how to carve up Iraq are being made behind closed doors in Washington, London and Baghdad. "This conference is a key part of the plan to help multinational companies get stuck in once those arrangements are in place. It's a corporate feeding frenzy - they're not writing the recipes, they're tucking in their napkins."

more......
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bullimiami Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-26-05 09:12 AM
Response to Original message
1. this is why bushco can never leave iraq.
unless they can create a secure puppet government of course.

these are their masters, their base, they were promised profit and profit they shall have.

but it cost us freedom, untold hundreds of billions of dollars, national prosperity, 1700+ soldiers lives and counting, and at least 100.000 iraqi lives.

was it worth it? to bushco it was.
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-26-05 09:24 AM
Response to Reply #1
7. Thats bidness n/t
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Karenina Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-26-05 10:32 AM
Response to Reply #7
10. Bidness as usual.



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Tom Yossarian Joad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-26-05 09:19 AM
Response to Original message
2.  Iraq: The carve-up begins
<snip>
Executives from BP, Shell, Exxon Mobil and Halliburton, Dick Cheney's old firm, are expected to congregate at the Paddington Hilton for a two-day chinwag with top-level officials from Iraq's oil ministry. The gathering, sponsored by the British Government, is being described as the "premier event" for those with designs on Iraqi oil, and will go ahead despite opposition from Iraqi oil workers, who fear their livelihoods are being flogged to foreigners. The Met will be on hand to secure the venue ahead of the conference.

"This is a networking opportunity for UK businesses involved in Iraqi oil," explained Dr Hussain Rabia, managing director of the consultancy Entrac Petroleum Ltd. "We have the moral support of the UK government. They're bringing the guys over from Iraq, offering them visas. We expect all the big oil companies to be there," he said. Delegate numbers are described as "confidential". Shell spokesman Simon Buerk would not confirm that a representative of the company would be attending, but said he "wouldn't be at all surprised if they were".

"We aspire to establish a long-term presence in Iraq," he said. "We have been helping the Ministry of Oil and engineers with training."

Those who have purchased their £1,200 tickets can expect access to executives from Iraq's oil ministry, including Salem Razoky, the director general of exploration.

More: http://mathaba.net/x.htm?http://mathaba.net/0_index.shtml?x=251021

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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-26-05 09:19 AM
Response to Reply #2
3. Wasn't US presence in Iraq all about protecting and making better lives
for the Iraqi people? I must be missing something here.
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1932 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-26-05 09:19 AM
Response to Reply #3
5. Economic development will make life better. Question is, whose life.
Hussein wasn't exactly using the oil wealth to make ordinary Iraqis' lives better.

But who's going to get rich off the oil now? Shell executives? Or ordniary Iraqis?

Ferinstance, what's the tax rate on oil in Iraq?
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Oversea Visitor Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-26-05 09:19 AM
Response to Reply #2
4. Its ok
Wait till they get it all up and running.
Then a true election comes along
Then all this will be antionalise
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-26-05 09:19 AM
Response to Reply #2
6. The carve-up began at the Cheney energy meetings in 2001 that he refuses...
...to release the minutes from. This here is what you call a history re-write. Yeseree bub.

Don

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dArKeR Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-26-05 09:26 AM
Response to Original message
8. Just give me some TRUTH!
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fedsron2us Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-26-05 10:22 AM
Response to Original message
9. The Paddington Hilton is very appropriate
It is on Praed Steet, a part of London, which has long been a gathering point for the capital's whores.
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