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Iraq's oil riches still languish« Thread Started on Sept 13,

Daily newsbrief journal for September 2007, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Iraq's oil riches still languish« Thread Started on Sept 13,

Postby admin » Sat Jan 28, 2012 4:11 pm

Iraq's oil riches still languish« Thread Started on Sept 13, 2007, 10:05am » --------------------------------------------------------------------------------Iraq's oil riches still languishProduction is up -- but it's still stymied by insurgent attacks and a stalled law that would open the country up to international oil companies.By Vivienne Walt, Fortune September 11 2007: 3:49 PM EDTread at source> http://money.cnn.com/2007/09/11/magazin ... 15(Fortune) Vienna -- While officials from some of the world's biggest oil producers holed up in private meetings in Vienna Monday night, to decide whether to increase Opec's oil production, Iraq's Oil Minister Hussain Al-Shahristani retreated to his hotel suite, and watched television instead. Specifically, he tuned into the broadcast of Gen. Petraeus's testimony in Washington about the war.Alone among the 12 OPEC oil ministers meeting in Vienna this week, Shahristani presides over an Iraqui oil industry that is battling to operate under almost impossible conditions.
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