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