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Offlinepattern
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Russia says to defend post-war Iraq oil interests
    #1414898 - 03/27/03 05:46 PM (14 years, 5 months ago)

Russia says to defend post-war Iraq oil interests
Reuters, 03.27.03, 6:54 AM ET

http://www.forbes.com/iraq/newswire/2003/03/27/rtr921647.html

MOSCOW, March 27 (Reuters) - Russia on Thursday moved to defend its oil interests in Iraq, saying it would insist that Russian oil company contracts with Baghdad be honoured after the U.S.-led war to overthrow the government of Saddam Hussein.

Energy Minister Igor Yusufov said Russian oil companies should be involved in the reconstruction of Iraq's oil infrastructure as soon as the war was over.

"We are currently working on the immediate return of Russian firms, which have interests in Iraq, to the country as soon as peace is restored," Yusufov told local news agencies.

His comments came after some Russian oil bosses said they were sceptical about the prospects of keeping multi-billion dollar deals in a post-Saddam Iraq, especially after the United States began this week to hire its firms to rebuild the Iraqi oil industry.

"They should return to their projects, evaluate the situation with the equipment left and start working," Yusufov said of Russian firms.

Nikolai Tokarev, the head of Russian state oil firm Zarubezhneft, which has big interests in Iraq, told Reuters this week he saw no prospects for Russian firms in post-war Iraq as the United States would squeeze its rivals out of the region.

He also said he was sceptical about the prospects of using international law to keep existing deals under a government that might replace Iraqi President Saddam Hussein's.

U.S. oil services firms, including a subsidiary of Halliburton Inc (nyse: HAL - news - people), formerly headed by Vice President Dick Cheney, this week was awarded U.S. government contracts to assess and extinguish oil well fires in Iraq and supply well control services.

Halliburton, the world's second largest oilfield services firm, has a long history of involvement in military logistical support for the U.S. government.

But the biggest deals will be for the development of several giant fields that make Iraqi oil reserves second only in size to to Saudi Arabia's.



BIG CONTRACTS

Russian firms have signed contracts worth $4 billion with Saddam's government to drill oil wells, deliver equipment and develop Iraq's massive oil reserves.

The key deal is a $3.7 billion contract held for years by Russian oil giant LUKOIL , smaller Zarubezhneft and Mashinnoimport to develop a huge West Qurna field.

Iraq scrapped the contract last year saying LUKOIL was seeking U.S. guarantees to keep the field under any government change. Baghdad said it was likely to leave the contract in Russian hands, with Zarubezhneft as a possible operator.

In January, Baghdad awarded a contract to Russia's oil and gas construction company Stroitransgaz to develop block four in Iraq's Western Desert.

It also initialled contracts with Soyuzneftegaz, a small company, for the 100,000-barrel-a-day Rafidain field in southern Iraq and with medium-sized oil producer Tatneft (nyse: TNT - news - people) for block nine in the Western Desert.

It also started negotiations with Zarubezhneft on the giant Bin Umar field -- news which came as a shock to French oil major TotalFinaElf which has long been earmarked for the $3.4 billion development.

Russian firms also have contracts worth tens of millions of dollars to supply equipment to Iraq, including for power generation plants, agriculture, and transportation.

Oil deals under the UN oil-for-food programme include Zarubezhneft's contract to drill 45 wells and Tatneft's contracts to drill 33 wells on the Kirkuk field. Mashinnoimport has a $75-million contract to drill 90 wells.

Copyright 2003, Reuters News Service


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OfflineMurex
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Re: Russia says to defend post-war Iraq oil interests [Re: pattern]
    #1414904 - 03/27/03 05:48 PM (14 years, 5 months ago)

Who wudda thunk Russia would get involved with Iraq???


--------------------
What if everything around you
Isn't quite as it seems?
What if all the world you think you know,
Is an elaborate dream?
And if you look at your reflection,
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InvisibleJonnyOnTheSpot
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Re: Russia says to defend post-war Iraq oil interests [Re: Murex]
    #1414926 - 03/27/03 05:55 PM (14 years, 5 months ago)

yes, and who'd of thunk the united states would have done the exact same thing 15 years ago when saddam was at the height of his muderous rampage...

frickin typos..


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Religion is for people who are afraid of going to Hell; spirituality is for those who have been there.


Edited by JonnyOnTheSpot (03/27/03 05:56 PM)


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Offlinepattern
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Re: Russia says to defend post-war Iraq oil interests [Re: Murex]
    #1414932 - 03/27/03 05:57 PM (14 years, 5 months ago)

> Who wudda thunk Russia would get involved with Iraq???

If they do, then this could turn into World War III


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InvisibleSenor_Doobie
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Re: Russia says to defend post-war Iraq oil interests [Re: pattern]
    #1414951 - 03/27/03 06:06 PM (14 years, 5 months ago)

And here we go.


--------------------
"America: Fuck yeah!" -- Alexthegreat

“Nothing can now be believed which is seen in a newspaper. Truth itself becomes suspicious by being put into that polluted vehicle. The real extent of this state of misinformation is known only to those who are in situations to confront facts within their knowledge with the lies of the day.”  -- Thomas Jefferson

The greatest sin of mankind is ignorance.

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InvisibleSenor_Doobie
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Re: Russia says to defend post-war Iraq oil interests [Re: pattern]
    #1414953 - 03/27/03 06:06 PM (14 years, 5 months ago)

It really shouldn't be too much of a problem, we aren't interested in the oil fields, so I'm sure we'll honor Russia's contracts.


--------------------
"America: Fuck yeah!" -- Alexthegreat

“Nothing can now be believed which is seen in a newspaper. Truth itself becomes suspicious by being put into that polluted vehicle. The real extent of this state of misinformation is known only to those who are in situations to confront facts within their knowledge with the lies of the day.”  -- Thomas Jefferson

The greatest sin of mankind is ignorance.

The press takes [Trump] literally, but not seriously; his supporters take him seriously, but not literally. --Salena Zeto (9/23/16)


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OfflineLearyfan
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Re: Russia says to defend post-war Iraq oil interests [Re: Senor_Doobie]
    #1414971 - 03/27/03 06:16 PM (14 years, 5 months ago)

Quote:

It really shouldn't be too much of a problem, we aren't interested in the oil fields, so I'm sure we'll honor Russia's contracts.




Haha. I like that.

Ahhhh...........................................we're fucked.



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OfflineMurex
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Re: Russia says to defend post-war Iraq oil interests [Re: pattern]
    #1414981 - 03/27/03 06:18 PM (14 years, 5 months ago)

If they do, then this could turn into World War III

Russia is weak. It would hardly constitute as WW3.


--------------------
What if everything around you
Isn't quite as it seems?
What if all the world you think you know,
Is an elaborate dream?
And if you look at your reflection,
Is it all you want it to be?



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OfflineFatNug
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Re: Russia says to defend post-war Iraq oil interests [Re: Murex]
    #1415008 - 03/27/03 06:27 PM (14 years, 5 months ago)

thats what we said about Iraq, but they're puttin up a nice little fight...Also, If we're tied up in the Mid East fighting Iraq and Russia, who's to say Iran and syria etc. etc. wouldn't join the party...North Korea could would probibly find that to be the perfect chance to finally erase us off the map....we're finished. face it. Bush has bitten off more than we can chew.


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================================================So what's your peace of mind huh? A swiss watch? leasin' a Lex on credit? all the pussy and liquor a nigga can get..put together this puzzle, but my pieces won't fit.. {Ras kass}


Edited by FatNug (03/27/03 06:37 PM)


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InvisibleSenor_Doobie
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Re: Russia says to defend post-war Iraq oil interests [Re: FatNug]
    #1415012 - 03/27/03 06:29 PM (14 years, 5 months ago)

Murex,

So now you support going to war with Russia over oil fields that you don't even believe the US is interested in in the first place??


--------------------
"America: Fuck yeah!" -- Alexthegreat

“Nothing can now be believed which is seen in a newspaper. Truth itself becomes suspicious by being put into that polluted vehicle. The real extent of this state of misinformation is known only to those who are in situations to confront facts within their knowledge with the lies of the day.”  -- Thomas Jefferson

The greatest sin of mankind is ignorance.

The press takes [Trump] literally, but not seriously; his supporters take him seriously, but not literally. --Salena Zeto (9/23/16)


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OfflineLearyfan
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Re: Russia says to defend post-war Iraq oil interests [Re: Senor_Doobie]
    #1415036 - 03/27/03 06:41 PM (14 years, 5 months ago)

They're going to be forced into making their true intentions obvious to everyone.



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Mp3 of the month: Johnny Price- Marijuana, The Devil Flower



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InvisibleSenor_Doobie
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Re: Russia says to defend post-war Iraq oil interests [Re: Learyfan]
    #1415041 - 03/27/03 06:43 PM (14 years, 5 months ago)

There was a lot of talk on tv today about accepting a conditional surrender.

I wonder what the conditions would be and if Hussein would be allowed to keep his power under the conditions.


--------------------
"America: Fuck yeah!" -- Alexthegreat

“Nothing can now be believed which is seen in a newspaper. Truth itself becomes suspicious by being put into that polluted vehicle. The real extent of this state of misinformation is known only to those who are in situations to confront facts within their knowledge with the lies of the day.”  -- Thomas Jefferson

The greatest sin of mankind is ignorance.

The press takes [Trump] literally, but not seriously; his supporters take him seriously, but not literally. --Salena Zeto (9/23/16)


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Invisibleluvdemshrooms
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Re: Russia says to defend post-war Iraq oil interests [Re: Senor_Doobie]
    #1415696 - 03/27/03 11:40 PM (14 years, 5 months ago)

Quote:

and if Hussein would be allowed to keep his power under the conditions.



I can't imagine any conditions that would allow that at this point.


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You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers


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InvisibleSenor_Doobie
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Re: Russia says to defend post-war Iraq oil interests [Re: luvdemshrooms]
    #1415828 - 03/28/03 10:54 AM (14 years, 5 months ago)

I can't imagine Hussein accepting anything else, and even accepting that would be a stretch.

So, you still think this war's got nothing to do with oil?


--------------------
"America: Fuck yeah!" -- Alexthegreat

“Nothing can now be believed which is seen in a newspaper. Truth itself becomes suspicious by being put into that polluted vehicle. The real extent of this state of misinformation is known only to those who are in situations to confront facts within their knowledge with the lies of the day.”  -- Thomas Jefferson

The greatest sin of mankind is ignorance.

The press takes [Trump] literally, but not seriously; his supporters take him seriously, but not literally. --Salena Zeto (9/23/16)


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OfflinePhred
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Re: Russia says to defend post-war Iraq oil interests [Re: Senor_Doobie]
    #1415854 - 03/28/03 11:29 AM (14 years, 5 months ago)

Senor Doobie writes:

There was a lot of talk on tv today about accepting a conditional surrender.

Gee, I wonder what the likelihood is of that happening, seeing how scrupulously Hussein fulfilled the terms of the last conditional surrender.

For those who haven't yet bothered to read the terms of the last conditional surrender, you may be interested to know that exactly zero conditions laid out in it have been fulfilled by Iraq. That's right, folks -- not a single one.

pinky


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InvisibleSenor_Doobie
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Re: Russia says to defend post-war Iraq oil interests [Re: Phred]
    #1415859 - 03/28/03 11:41 AM (14 years, 5 months ago)

Yet, there it was all over CNN.

Go figure.

Did you read the article pinky? It's all about how the Russians are gonna get involved if their oil interests aren't looked after in post-war Iraq. Are you at all confident that the US puppet government will honor that contract?



--------------------
"America: Fuck yeah!" -- Alexthegreat

“Nothing can now be believed which is seen in a newspaper. Truth itself becomes suspicious by being put into that polluted vehicle. The real extent of this state of misinformation is known only to those who are in situations to confront facts within their knowledge with the lies of the day.”  -- Thomas Jefferson

The greatest sin of mankind is ignorance.

The press takes [Trump] literally, but not seriously; his supporters take him seriously, but not literally. --Salena Zeto (9/23/16)


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OfflinePhred
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Re: Russia says to defend post-war Iraq oil interests [Re: Senor_Doobie]
    #1415874 - 03/28/03 11:56 AM (14 years, 5 months ago)

Senor Doobie writes:

It's all about how the Russians are gonna get involved if their oil interests aren't looked after in post-war Iraq.

This only shows what I have been saying for months -- the war is not "all about oil", but the opposition to it by Russia and France certainly is.

Are you at all confident that the US puppet government will honor that contract?

If I were involved in any post-war Iraqi government, "puppet" or otherwise, I would favor renegotiating all government contracts with every foreign corporation providing any service. To believe that Hussein signed contracts that were in the best interests of anyone other than Hussein himself (how do you think he became a billionaire?) would be to exhibit a truly mind-boggling degree of naivete, don't you think?

From the point of view of accepted international contract law precedent, contracts signed by an ousted regime are null and void, as the Russians are well aware --see the ABM treaty for just one example. Note that this is not the case of contracts signed between two private companies, one of whom is located in a country which has just undergone a regime change. It applies strictly to contracts where the ousted regime was a signatory.

pinky


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InvisibleSenor_Doobie
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Re: Russia says to defend post-war Iraq oil interests [Re: Phred]
    #1415881 - 03/28/03 12:04 PM (14 years, 5 months ago)

How is it reasonable to assume that Russia and France's motives in foriegn policies are slaves to the oil interests of those nations, but not the United States, whose vice president has his dick tied around Big Oil?



--------------------
"America: Fuck yeah!" -- Alexthegreat

“Nothing can now be believed which is seen in a newspaper. Truth itself becomes suspicious by being put into that polluted vehicle. The real extent of this state of misinformation is known only to those who are in situations to confront facts within their knowledge with the lies of the day.”  -- Thomas Jefferson

The greatest sin of mankind is ignorance.

The press takes [Trump] literally, but not seriously; his supporters take him seriously, but not literally. --Salena Zeto (9/23/16)


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OfflinePhred
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Re: Russia says to defend post-war Iraq oil interests [Re: Senor_Doobie]
    #1415897 - 03/28/03 12:37 PM (14 years, 5 months ago)

Senor_Doobie writes:

How is it reasonable to assume that Russia and France's motives in foriegn policies are slaves to the oil interests of those nations, but not the United States, whose vice president has his dick tied around Big Oil?

1) Russia and France possess signed agreements. The US does not.

2) Russia and France are far more dependent on Gulf oil than the US.

pinky


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OfflineRonoS
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Re: Russia says to defend post-war Iraq oil interests [Re: Phred]
    #1415902 - 03/28/03 12:45 PM (14 years, 5 months ago)

Come on Pinky...Even you should be able to admit after all this that oil is at the very least playing a factor in this war with Iraq.


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"Life has never been weird enough for my liking"


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