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Ed Webb

Outcry against 'colonial' takeover by BP of Rumaila oilfield in Iraq - Times Online - 0 views

www.timesonline.co.uk/...article6900112.ece

Iraq oil UK BPAmoco colonialism politics protests

shared by Ed Webb on 03 Nov 09 - Cached
  • The British oil giant BP will today take control of Iraq’s biggest oilfield in the first important energy deal since the 2003 invasion. The move has created uproar among local politicians invoking resentful memories of their nation’s colonial past.
  • Many Iraqi MPs say that the deal is illegal, and that the constitution should give them, not the Oil Minister, the final say over the country’s vast resources.
  • It is the world’s 11th-biggest oil producer, with the potential to climb to third place or higher. “With an extension of the pipeline network they could reach the [output level of] the Saudis,”
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  • After years of misrule under Saddam Hussein, coupled with the effects of UN sanctions, and the post-2003 violence, Iraq has been left as the poorest Arab country after Yemen.
  • BP has not been criticised directly, but its involvement will revive memories of past exploitation by the British. It is believed widely that Britain created and controlled the country for the benefit of British exporters.
  • Behind the protest is the desire among many politicians to get a slice of the revenue through lucrative commissions to approve deals.
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