Iraq signs away oil contracts in advance of election

Discussion in 'Politics, Religion, Social Issues' started by toontra, Nov 21, 2005.

  1. toontra macrumors 6502

    Feb 6, 2003
    London UK
    Newsnight (BBC2 TV) has just carried a report about an investigation into how much oil revenue the Iraq administration has signed over to western oil companies in advance of next month's elections. Some estimates have the value of these Production Sharing Agreements as high as $190 billion (6 times the GDP of Iraq).

    These PSA's are generally unbreakable 30 year contracts.

    Who said this war was about oil - cynics!!

    Will post link when available
  2. Sogo macrumors 6502

    Jan 4, 2004
    what are you talking about? We had...


    Bush had almost everything to suport a war!


    Sadly, Bush was able to find the last check mark.


    There was also a clear LINK!

  3. skunk macrumors G4


    Jun 29, 2002
    Republic of Ukistan

    I fear the line between rapine and reconstruction is irretrievably blurred.

Share This Page