I Guess There’s No Price to Be Paid
…by foreign governments breaking U.N. sanctions.
Iraq and China will sign a deal next week to develop the Ahdab oil field, restoring an agreement that was canceled after the 2003 U.S.-led invasion, an Iraqi spokesman said Thursday.
…Saddam Hussein’s regime defied United Nations sanctions that limited direct dealings with Iraq’s oil industry and signed a deal in 1997 with the state-owned China National Petroleum Corp.
That contract, worth $1.2 billion, gave a subsidiary of the Chinese company concessions to develop the field on a production-sharing basis for 22 years.
The new agreement will be a service contract, under which China will not be a partner in profits and instead will be paid for its work.
Once the contract is signed, it will be the first Saddam-era oil deal to be honored by the new Iraqi government. A number of companies say they signed deals with Saddam’s regime and demand that those be honored, or the countries involved be given priority on new agreements.
How is it American companies are the only ones getting screwed, when we paid for the freakin’ war to begin with?
World Stuff | Mr. Bingley | 
August 21, 2008 11:01 am
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Hey, we’re Americans – we’ve never known how to do Imperialism properly.
Look at the bright side, Sis. We have proof positive that the Iraqi war wasn’t about oil for America.
It’s pathetic, but proof nonetheless.
Cha. You’re right, Jeff. Hadn’t thought about it.
That’s a big, pathetic thumbs up.
Not a thumbs up, Sis. More like an “Eh, it sucks, but I can live with it” hand wave.
That’s because no one in government cares about Americans.We are cannon fodder, and the politicians
are ‘robots’ with nice teeth and no soul..