1. State-Run Oil Company Is Being Weighed for Iraq.
- Author
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Cummins, Chip and Bahree, Bhushan
- Subjects
- *
RECONSTRUCTION in the Iraq War, 2003-2011 , *PETROLEUM industry , *GOVERNMENT business enterprises , *GOVERNMENT ownership , *PETROLEUM , *GOVERNMENT corporations , *GOVERNMENT-sponsored enterprises - Abstract
Reports that advisors from the United States and Iraqi oil officials are leaning toward the formation of a large, state-run petroleum company, which could sharply curtail the role of international oil corporations in the region. Geopolitical and economic concerns in the region with respect to state-run oil corporations; Importance of the oil industry to the reconstruction of Iraq; Comments from Robert McKee, senior oil adviser for the occupying Coalition Provisional Authority, regarding the oil strategy focusing on the nationalization of oil and petroleum production.
- Published
- 2004