Posts Tagged ‘Mina al-Bakr’
1 May 2003
US plans to set up an advisory board to oversee Iraq’s oil sector are taking shape.
Fadhil Othman, a retired Iraqi oil marketing official now living in Turkey, is understood to have accepted Washington’s request that he serve as deputy head of the oil advisory board, a non-executive body.
In view of Othman’s past experience as head of Iraq’s State Oil Marketing Organization (Somo), he “could be playing a role in overseeing Somo’s future activities,” a source familiar with the US advisory board efforts told International Oil …
15 December 2000
A deal reached with India last month could set the ball rolling for a new type of arrangement between Baghdad and “friendly countries.” In return for the award of an exploration contract in the western desert, India could trade wheat and rice for Iraqi oil outside the UN oil-for-food program, Iraqi sources say.
New Delhi is now talking to the UN about applying for a sanctions waiver, to compensate for the damage the embargo has wrought on its economy, sources in Baghdad tell Energy Compass. Under Article …
14 July 2000
Preparing for the day when UN sanctions are finally lifted, Iraq went touting its oil wares to an international audience in Paris last week. The audience – which included supergiants Exxon Mobil, Royal Dutch/Shell, BP Amoco, and Total Fina Elf, as well as a host of slightly smaller fry – also got to hear about some ambitious post-sanctions marketing plans, including moves to recapture more of the Asian market, and add more export outlets and more grades of crude oil to the export list.
If sanctions were …