IRAQ OIL AND CHINA?

IRAQ OIL AND CHINA?

So, British Petroleum with China National Petroleum Corp. have been awarded the first contract for foreign corporations to develop an Iraqi oil field in some 30 years. Isn't it interesting that China is involved. What's the point there?

  • Let the Chinese take the first brunt from insurgents.
  • Let the Chinese show the true costs of doing the work there.
  • Set China up for a fall that will be the result of some secret plan in the works.
  • Otherwise, who in the West is heavily invested in China National Petroleum Corp.? Why fight China's influence in Africa but turn around and let China into Iraq after spending hundreds of billions to bring Iraq under the Empire? Well, bring China under the Empire too.
  • Suck China in. Make them have a stake in Iraq and the Anglo-American-Israel Empire.
  • Draw them away from Iran and Russia.
  • Defuse the criticism that George W. Bush and Dick Cheney went into Iraq for what Cheney called "the prize" of oil.
  • Make Obama look like a more even-handed ruler.

(See: "Iraq Approves BP-Led Bid to Develop Rumaila Oil Field," by Anthony DiPaola and Caroline Alexander. Bloomberg. July 1, 2009.)

About Tom Usher

Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.

2 Responses to IRAQ OIL AND CHINA?

  1. Rosa Sow says:

    According to this: one explanation for the Chinese and the British being the only companies to win contracts may be the contracts themselves. They are high risk bids which are skewed in favor of the Iraqis who cannot insure safety. Also, the foreign companies will act as contractors, increasing oil production on behalf of the state which will retain a substantial controlling interest.

    • Tom Usher says:

      Hello Rosa,

      Well, you did qualify by saying "one explanation." I can't preclude that you may rather have been thinking "part of the overall explanation." Certainly, the "deal" was not solely an open-bidding process where all objectively qualified contractors could win based upon the dollar amount on the bottom line.

      The Chinese were not in favor of the invasion, and to my memory, did not supply troops. That the Empire has allowed them into the exploitation process deserves deeper examination. Do you have any deeper insights here?

      Peace,

      Tom Usher

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