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No, wasn't oil : "Future oil sales may be pawned to banks "
Future oil sales may be pawned to banks
Quote:
David Teather in New York
Saturday May 31, 2003
The Guardian
American officials are considering a plan to use Iraq's future oil and gas revenues as collateral to raise cash to rebuild the country.
Several US companies, including Halliburton and Bechtel, which are jostling for the lucrative reconstruction contracts, are reportedly pushing the scheme to expedite the commissioning process.
Although the UN security council approved the resumption of oil exports from Iraq last week, production has been hampered by looting.
But the plan raises questions about whether the interim authority, which is under US auspices, should tie up the country's future oil and gas revenues. It may also create problems for the permanent Iraqi authority, which may seek to examine the contracts handed out by its forerunner.
Under the proposals, the loans would be made by government-backed agencies in the US, Britain and Australia, as well as the commercial banking sector. Iraq's annual oil exports could reach $25bn (£15bn).
It was disclosed yesterday that Halliburton, the oil services company formerly run by the US vice-president, Dick Cheney, has already received contracts worth $500m related to Iraq.
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It was about " liberation".... of Halliburton.
False reports of WMD to get the oil. Simple no?
http://www.guardian.co.uk/Iraq/Story...967601,00.html
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I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....
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