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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (111890)	8/18/2003 2:46:21 PM
From: GST	Read Replies (1) \| Respond to of 281500

Do you understand what 1492 means? It is a resolution transferring control of Iraqi oil from the UN to the US. Did you think that the UN still controls Iraq's oil?

To: Brumar89 who wrote (111890)	8/18/2003 2:49:22 PM
From: GST	Respond to of 281500

Outrage at US plan to mortgage Iraqi oil Faisal Islam, economics correspondent Sunday July 13, 2003 The Observer American plans to mortgage Iraq's future oil supplies to pay for expensive postwar reconstruction work risk a repeat of mistakes made with Germany after the First World War, debt relief campaigners said this weekend. Much of the revenue will be securitised over at least a decade under the proposals being pushed by the US Export Import Bank, the Bush administration's trade promotion body, and a lobbying group that includes key American contractors Bechtel and Halliburton. guardian.co.uk

To: Brumar89 who wrote (111890)	8/18/2003 2:55:10 PM
From: GST	Respond to of 281500

US appoints new team to run oil ministry May 3 2003 US authorities have announced a new management team, headed by an Iraqi, to run the Iraqi oil ministry, and an advisory board headed by an American. Thamir Ghadhban, the ministry's director of planning before the war, had agreed to become chief executive officer of an interim management team, said a statement from Tim Cross, a deputy to retired US general Jay Garner, head of the office of construction and humanitarian assistance in post-war Iraq. "After extensive consultations and on the advice of the executive committee of the oil advisory board, we are pleased to announce that Thamir Ghadhban has agreed to accept the position of chief executive officer of the interim management team for the Iraqi oil sector. "We are also pleased to announce the formation of an advisory board for the oil sector with Philip Carroll and Fadhel Othman in the position of chairman and vice-chairman. Mr Carroll is a former president and CEO of Shell Oil and former CEO of engineering and construction company Fluor." "Mr Othman served formerly as the chairman of Iraq's State Oil Marketing Organisation (SOMO) and in positions in the Iraqi oil ministry." advertisement advertisement Othman has lived in Turkey since retiring. The Middle East Economic Survey reports in its Monday edition that the advisory board will oversee policy planning for Iraq's oil industry, while the management team will run day-to-day operations. smh.com.au