NewsMine — war-on-terror — iraq — oil — Viewing Item

Iraqis protest theft of sovereignty oil { June 2007 } Original Source Link: (May no longer be active)    http://www.forbes.com/markets/feeds/afx/2007/07/16/afx3915787.html http://www.forbes.com/markets/feeds/afx/2007/07/16/afx3915787.html AFX News Limited Hundreds of Iraqis protest draft oil law 07.16.07, 5:23 AM ET BASRA (Thomson Financial) - About 300 oil industry workers gathered in Iraq's main oil port of Basra today to protest a draft law that they said would allow foreigners to pillage the country's wealth. 'To compensate for the military and political failure of the US administration in Iraq, this administration is trying to control the country's wealth,' the organisers said in a statement distributed to reporters. 'If this is endorsed by the parliament it would abolish sovereignty and hand over the wealth of this generation and the generations to come as a gift to the occupier,' the statement said. The protesters, employees of the Oil Pipelines Company, wore black surgical masks over their faces and carried banners and black coffins with the word 'freedom' written on the sides. At issue is a clause in the draft hydrocarbon law allowing for production-sharing agreements with foreign oil companies, which many Iraqis see as a throwback to an earlier era of colonial exploitation. 'This law, in fact destroys the achievements of the Iraqi masses and especially the Law number 80 of 1961 and the nationalisation of 1973,' the statement said. The law from 1961, part of a bundle of socialist reforms issued by then-Prime Minister Abdul Karim Qassim, sharply limited foreign involvement in the oil sector. US officials see the passing of the draft hydrocarbon law -- aimed at equitably distributing Iraq's oil proceeds -- as a crucial benchmark of the country's political process and a key component of national reconciliation. tf.TFN-Europe_newsdesk@thomson.com slj COPYRIGHT Copyright AFX News Limited 2007. All rights reserved.

After 36 years oil giants return to iraq { June 19 2008 } Blair advisor says war for oil Bp shell gets bulk iraqi crude oil Bush funds shift to oil production and security { September 13 2004 } Cheney 2001 energy task force { July 18 2003 } Cheney eyes iraq before 911 Cheneys oil map { July 19 2003 } Iran US stooge chalabi takes over oil { January 2 2006 } Iraq agreements with major oil companies fail { May 2008 } Iraq government to allow oil privitization { December 11 2006 } Iraq oil ministry control { April 20 2003 } Iraq oil mission successful says reporter { March 20 2006 } Iraq producing less oil than under saddam Iraq unions against oil privatization { November 2006 } Iraqi union protesters fear loss of oil control { June 3 2007 } Iraqi union workers protest oil privatization { June 5 2007 } Iraqi war oil { September 15 2002 } Iraqis fights over foreign oil rights { April 2007 } Iraqis protest theft of sovereignty oil { June 2007 } Iraqis want un control oil cash { May 9 2003 } Israel eyes iraqi oil { April 9 2003 } Israeli firm awarded oil tender in iraq { February 25 2004 } Its the oil { September 23 2002 } Last pipeline oil peak Law keeps central control over oil in iraq { January 20 2007 } Maybe 100 barrel Oil advisor conflict interest { May 16 2003 } Oil output plunges to lowest levels { January 3 2006 } Post war iraq lags in oil production { May 2 2005 } Pre 911 oil contracts { July 18 2003 } Protect oil { January 23 2003 } Re engages oil { September 17 2002 } Russia iraq oil { September 30 2002 } Tricle could become gusher { May 10 2003 } US advised iraqi ministry on oil deals { June 30 2008 } Us asks israel explore reopening pipeline Us wants oil industry control { May 9 2003 } US written iraqi oil law opposed by iraqis War oil stability { February 1 2003 } Western companies to get 75 perc of iraqi oil profits Files Listed: 40

Correction/submissions

CIA FOIA Archive

National Security Archives

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information, go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purpose of your own that go beyond 'fair use', you must obtain permission from the copyright owner.