Home Page
Mail
Algeria Bahrain Cyprus Egypt Iran Iraq Jordan Kuwait Lebanon Libya Mauritania
Morocco Oman Palestine Qatar Saudi Arabia Sudan Syria Tunisia Turkey UAE Yemen


 
Iraq: Ahrar party submits candidates' names to electoral commission
Corruption in Iraq ”worse than Afghanistan”
Al Sahir paints with words
Kurds may boycott Iraq election
Shatha Hasoon in “Happy Land”
International Conference to Explore Investment Opportunities in Iraq's Power Industry
 
Iraq: Growing opposition to oil law
Posted: 05-07-2007 , 14:25 GMT

sadr-cityFollowers of Iraqi Shiite cleric Moqtada Al Sadr Thursday joined a growing chorus of Sunni, Kurdish, and Shiite opposition to a draft oil law backed by Washington.

 

Amended draft legislation on the crucial distribution of oil wealth in Iraq was approved by Maliki's cabinet Tuesday and could go to parliament for review as early as next week.

 

According to AFP, Sadr's supporters said that they would not support any law that would allow firms "whose governments are occupying Iraq" to sign Iraqi oil deals. "The most serious problem with the law is the production-sharing agreements, which we categorically reject," said Nassar Al Rubaie, spokesman for Sadr's 32-member parliamentary bloc.

 

Such agreements, which provide for foreign oil companies to share investment and profits with the state, would "undermine Iraq's sovereignty in the short run and will strip it of its sovereignty in the long run," he added.

 

Meanwhile, Australian Defense Minister Brendan Nelson said Thursday oil is a key factor keeping Australian troops in the US-led war in Iraq. However, Prime Minister John Howard contradicted him.

 

Nelson's remarks caused an immediate stir in Australia.

 

A new defense review had concluded that maintaining "resource security" in the Middle East was a priority, Nelson said in an interview with the Australian Broadcasting Corporation. "Energy security is extremely important to all nations throughout the world, and of course, in protecting and securing Australia's interests," he said.

 

"Obviously the Middle East itself, not only Iraq, but the entire region is an important supplier of energy, oil in particular, to the rest of the world. "Australians and all of us need to think what would happen if there were a premature withdrawal from Iraq," Nelson said.

 

 

© 2007 Al Bawaba (www.albawaba.com)

Printable Version
Top of Page
Printable Version
Opinions - No Opinions found for this article
 
 
 
 

  About Us Advertising Contact Us Privacy  
© 2009 Al Bawaba (www.albawaba.com)