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Global Report: Oil is a major cause for the U.S. invasion of Iraq
On: Thu 1/12/2012 8:06
□ Baghdad / economic-term follow-up
revealed the sources of oil marketing specialist for the affairs of Iraq, reducing the price of crude oil for February next, while the report said that global oil important reason for the invasion of Iraq, the U.S. world of early 2003. The Iraqi Oil Marketing Company (SOMO), they reduced the price of crude oil shipments for the month of February
Each of the exports of Basrah Light and Kirkuk.
The company said in a statement that Iraq cut shipments of February of Basra Light crude to U.S. buyers 20 cents to a level below $ 1.70 a barrel on the index Argus also cut prices for importers Europeans and Asians. "
the company said, according to the statement determine the selling price of Basra crude to European buyers a discount of 4.35 dollars for the spot price of crude North Sea standard compared with the discount was only $ 2.50 in the previous month. "
and continued the company that Iraq is reduced as well as the official selling price for shipments of February of Kirkuk crude to U.S. refiners to premium of five cents above the index Argus compared with a premium of 15 cents in the previous month. "
It is noted that Asian importers are buying Basra Light crude at a premium of $ 1.10 above the average prices of crude Oman and Dubai.
to that considered an expert on U.S. foreign policy, Paul Mather "The report prepared by the journalist Jamil Tahir for energy companies in Iraq reminds us of one of the most important reasons why the United States to invade Iraq, where the oil is the main driver of the neo-conservatives. "
In a report published by the Institute, "Foreign Policy Fox," American Research, pointed Mater to "The oil was part of the debate on sanctions against the former regime, where some felt that the latter will be funded terrorist organizations from oil revenues, which will help definitely in a move the Iraqi economy."
stressed that the promotion of these reasons, began long ago through ambiguous statements in the corridors of multinational corporations , and think tanks and public opinion.
He explained that the reserves of Iraq are the main assets that add significant capabilities to the world oil markets also increase the kind of competition in the oil trade, and this policy will add to the previous victory in the face of the United States. "
He said that the U.S. government and oil companies in the United States moved into Iraq to secure a greater share of Iraqi oil before the advent of other countries, so the United States is pressing the U.S. to approve the projects to allow privatization and participation in the production. "
He noted that the wishes of the U.S. after the regime change in Iraq were not hidden on one despite the attempt of the Vice President Dick Cheney, maintaining the meetings that used to be kept secret. "
He added that U.S. Treasury Secretary Paul O'Neill accused Cheney instigated by the United States to invade Iraq even before the terrorist attacks of September 11 revealed the national document emphasizes early planning of this work, a document strictly confidential written by the National Security Council urged the staff to provide full cooperation and presentation of operational policies towards rogue states such as Iraq to take new measures to allow the seizure of sources of oil and gas fields. "
He explained that "the Clinton administration dealt with Afghanistan in a manner similar political despite the fact that Afghanistan is State of transit to the sources of oil and is not an essential source. "
He said: We've dealt with the countries of East Asia that takes oil, just as we dealt with the policy of Iran from Eisenhower to Carter, and let's not forget the plan the rush to Libya and that means that the United States face the teeth Europe to provide additional concessions. "
He added it was ironic after years of occupation that China is the country that lie ahead in Iraq, as we seem to have opened the market to find ourselves outside the circle of competition. "
Meanwhile, the Company announced "Genel Energy" Turkish they are expanding the means of oil production in the Kurdistan region, saying it will produce 100 thousand barrels of oil per day in the field of "Tawke" Bzakhu, by the end of 2012 the current.
The company was founded, "Genel Energy" Turkish in 2011, was the former Managing Director of BP British, Tony Howard, purchased in the same year, and estimated value of the company by more than four billion dollars.
and Ttfael the company about its ability to raise the proportion of production in the field "Tawke" in the future, especially after it became clear that the field contains 78% of oil reserves more than he expected, a 509 million a barrel.
oversees the two companies "DNO" Norwegian and "Genel" is a common field "Tawke" oil.
and began KRG to export oil from its territory for the first time in its history in June of 2009, from the fields of "Taq" and "Tawke" a rate of about 100 thousand barrels per day, but it stopped the export in October / October of the same year because of their differences with Baghdad on the disbursement of dues to companies operating in the oil fields.
and resumed the region to export its oil since February last, and according to the latest figures from the Ministry of Natural Resources Government of the Territory, the 200 thousand barrels pumped from fields in the region to Iraqi export pipeline from Kirkuk to the Turkish port of Ceyhan in the Mediterranean.
to the said economic researcher Hussein star The oil sector is going through challenges and obstacles most notably the difficulty of technology transfer, international oil and political problems.
The star (of the Agency news): Iraq has oil wealth and can play a major role in the global market, especially with the expectations of exploring new oil fields and distinct in all governorates of the country, particularly in Basra.
He added that the oil sector is going through obstacles and difficulties in the process of technological innovation for the oil sector owned of the state as a result of the inability of the oil policy on the transfer of global technology, making it the average production.
He said that political problems have a significant impact on the oil sector as impeding the work of international companies investing in this sector, making it is keen to work in Iraq and the other is considering to withdraw from it.
It is noted that the report IMF on oil and gas have pointed out that Iraq possessed of oil amounted to 143 billion barrels of reserves have been identified (200) million barrels, etc., that Iraq would be at the forefront of oil affecting the global markets.
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