An Iraqi Scenario: Impact of fundamental regime change in Iraq on acquired and new contractual titles in the Iraq oil industry
Article from: OGEL 1 (2003), in In the Spotlight
Introduction
The ‘oil dimension’ of the expected and possible (though not yet certain) invasion of Iraq by the US and its intention to engineer a fundamental change of regime has only been recently discussed - however, see a summary of the discussion on the CEPMLP ‘ENATRES’ internet forum, by Professor Edmilson dos Santos.[1] It appears that contrary to a widely-held public view, the oil dimension plays only a secondary role in the US efforts to remove the Saddam Hussein regime. But one should also bear in mind that were this regime not to control one of the world’s largest oil reserves (next to Saudi ...