Iraqi oil fields become a treasure trove for the usual suspects as our soldiers protect their booty
Eric Blair
Activist Post
Is anyone still confused as to why we continue the absurd wars in Iraq and Afghanistan?
In Afghanistan, the Director of the CIA has openly boasted that fewer than 100 Al Qaida members remain there, yet there are reportedly 102,000 U.S servicemen and at least 120,000 private contractors still stationed there. Incidentally, the recent “discovery” of vast mineral deposits is being touted as a new justification to stay.
Meanwhile in Iraq, with all justifications for the war now totally debunked, the slow drawdown of troops is commencing, but not before they secure the prize for the corporate masters. The Wall Street Journal reported Monday that British Petroleum was “awarded” 80-100 oil wells worth at least $500 million:
British oil major BP PLC (BP, BP.LN) and partners China National Petroleum Corp. (CNPC.YY) and Iraq’s state-run South Oil Co. expect to issue tenders to drill between 80 and 100 wells in the immense Rumaila oil field this year and next year, a company executive said Monday.
Earlier this year, BP awarded three deals valued at least $500 million to drill 49 wells as part of the program to develop Iraq’s largest-producing oil field, which could become the world’s second-largest.
‘For the next-year drilling contracts, we are expected to award them this year,’ the official said on the sidelines of an oil symposium concluded in Baghdad on Monday
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