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To: Win-Lose-Draw who wrote (237681)4/25/2003 2:14:32 PM
From: Knighty Tin  Read Replies (1) | Respond to of 436258
 
I haven't seen that one. After "Muriel's Wedding," I was off Abba for awhile. <h>



To: Win-Lose-Draw who wrote (237681)4/25/2003 2:24:52 PM
From: Smart_Money  Respond to of 436258
 
Former Shell chief 'to run Iraqi oil industry'

My comment: I can see it now.. America at the OPEC Table!!

timesonline.co.uk

April 25, 2003

by afp in paris

The United States will next week appoint a former head of Shell Oil to run Iraq's oil industry, it was reported today.

"The US Government is setting up Iraq's oil industry to run much like an American corporation, with a chief executive and management team vetted by US officials who would answer to a multinational board of advisers," the Wall Street Journal Europe reported.

The advisory board would be chaired by Philip J Carroll, a former chief executive of Shell Oil, the US unit of the Dutch-British oil giant Royal Dutch/Shell, the newspaper reported.

Mr Carroll would work closely with an Iraqi vice-chairman, expected to be Fadil Othman, who worked as an Iraqi oil executive before Saddam Hussein came to power.

The interim management team would be composed of current and former Iraqi oil sector officials, the newspaper said.

Newly appointed executives would answer to the advisory board which in turn would answer to Jay Garner, the US civil administrator for Iraq.

The chief executive, who would have basically the same role as former oil ministers and would also have a seat on the advisory board, would represent Iraq at the Organisation of Petroleum Exporting Countries.

Washington has been the subject of sharp criticism that one of the motivations behind its military campaign in Iraq was to gain control of Iraq's oil reserves, estimated to be the second-biggest in the world after those of Saudi Arabia.