Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 322.32

-5.6%

Jan 30 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Fred Levine who wrote (67105)	12/12/2002 1:56:14 PM
From: Fred Levine	Read Replies (1) of 70976

Uh oh-- Russia may have to attack Iraq in order to preserve its oil contracts: Iraq severs oil contract with 3 Russian companies MOSCOW. Dec 12 (Interfax) - Iraq notified three Russian companies that it is breaking a contract with them to develop an oil field in the Arab country, one of the companies said on Thursday. Lukoil, Zarubezhneft, and Machinoimport received the notice that they were barred from the Qurna 2 field in a letter signed by an Iraqi deputy oil minister, Lukoil spokesman Alexander Vasilenko told Interfax. "We can't understand how a law passed by the Iraqi parliament can be torn up by a petty official in the Iraqi Oil Ministry," he said. "We are carefully studying this letter and think that since we haven't broken a single clause of the contract, we will be defending our rights in line with international law. "It seems that we have reliable defense from Russia and that everything is being done in appropriate quarters to stop this trivial blackmail from getting the upper hand." A government source told Interfax that Lukoil President Vagit Alekperov notified the Russian leadership about the Iraqi move. fred

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next