Loading ...
Sorry, an error occurred while loading the content.

Re: US plan to privatize Iraqi oil

Expand Messages
  • thekoba@aztecfreenet.org
    Dear Eric, I am reminded of a Western documentary about the aftermath of perestroika ( destroika ). There was no Russian word for privatization , so they
    Message 1 of 1 , Apr 6, 2003
      Dear Eric,

      I am reminded of a Western "documentary" about the
      aftermath of "perestroika" ("destroika"). There was
      no Russian word for "privatization", so they made one
      up that sounded like "privatizatskia" which ended up
      being close to the Russian word for "grabbing". You
      and Yura can verify if there's any truth to that, but
      if so the liars ended up telling the truth inadvertently.



      >Dear Kevin,
      >Here's a revealing article about the imperialist plans
      >for Iraq. They want to "return Iraqi oil to the
      >Iraqis" by privatizing it and handing it over to
      >foreign monopolies.
      >What wonders can be worked with doubletalk!
      >Opposition plans to end Iraq's state monopoly on oil
      >after war
      >Sat Apr 5, 4:32 PM ET
      >LONDON (AFP) - The Iraqi opposition plans to end the
      >country's state monopoly on oil, opening the door to
      >international companies to play a lead role in the
      >industry after the fall of Saddam Hussein, a leading
      >exile said here Saturday after a US-backed policy
      >"We are going to 'demonopolise' the oil," Dara Attar,
      >an Iraqi Kurd oil consultant told AFP after two days
      >of meetings in London.
      >"The government is going to be a federal state,
      >therefore the economy will be different. It's going to
      >be done in a way to serve the federal state," said
      >Attar, one of a 15-strong body charged by the US State
      >Department with planning Iraq's post-war oil policy.
      >Iraq will remain a member of the Organisation of
      >Petrolium Exporting Countries (OPEC), but will not
      >limit its production to stabilize the international
      >oil market if it can produce more -- once its
      >installations have been repaired -- he said.
      >"At the moment, the production is 2.2 million barrels
      >a day, very well below the OPEC quota of 3.2 million,"
      >he said, adding that due to Iraq's lost revenue since
      >the 1991 Gulf War, OPEC would not stop them producing
      >"The national interest will be the most important
      >(thing)," he said.
      >The objective, Attar said, was to reach production
      >levels of up to six million barrels a day within six
      >to eight years, provided the industry receives 40
      >billion dollars (37 billion euros) of investment.
      >Whether or not a country was taking part in the US-led
      >military action against Saddam Hussein's regime would
      >not have an effect on which companies received
      >contracts, he said.
      >"We'll welcome foreign investment, as long as the
      >ownership of natural resources, therefore oil, goes
      >back to the people," he said, adding that deals with
      >any foreign companies would be looked at.
      >Attar backs the two main Kurdish groups, the Patriotic
      >Union of Kurdistan (PUK) and the Kurdistan Democratic
      >Party (KDP), in the exiled Iraqi opposition.
      >The opposition also comprises the main Shiite group
      >the Islamic Revolution in Iraq (SAIRI) and the
      >US-backed Iraqi National Congress (INC).
      >The Oil and Energy Working Group, which met on Friday
      >and Saturday under the auspices of the US State
      >Department, issued a joint press release outlining the
      >main objectives of the oil policy.
      >Entitled Iraqi oil for Iraqi people, the statement
      >said: "The revenues generated from this sector should
      >be used for the reconstruction and development of
      >Iraq, with special attention paid to the impoverished
      >"There is urgent need to inject modern technology,
      >management, and organisation into the sector to
      >develop and upgrade production," the statement said.
      >"There are ample indications of the existence of great
      >potential for developing gas in Iraq," it said.
      >Meetings of the working group -- up until now held in
      >Washington -- happen behind closed doors and the names
      >of the participants have not been released.
      >This was their fourth meeting.
      >Do you Yahoo!?
      >Yahoo! Tax Center - File online, calculators, forms, and more
    Your message has been successfully submitted and would be delivered to recipients shortly.