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Blood for oil as BP takes Iraq's oil

Issue No. 2263

The huge multinational oil firm BP has gained a stranglehold over Iraqi oil production, leaked documents reveal.

The company, which signed a contract in 2009 for control over the country’s largest oil field Rumaila, has been criticised for introducing new clauses into the contract.

These now state that BP will be paid even if the oil stops flowing—whether from government decisions, strikes or any other disruption.

It was always the goal of big business to trade blood for oil in the Iraq war.

Sadly it looks like BP has got its own way.

•The Chilcot Inquiry into the Iraq war is poised to slam warmonger Tony Blair when it delivers its report on the Iraq war in January, according to sources inside the inquiry.

They say Blair will be heavily criticised for hiding from the cabinet secret deals he made with then US president George W Bush to go to war.

He will also he chided for failing to prepare for post-war reconstruction, distorting “intelligence” and the extensive use of the infamous “dodgy dossier”.


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Tue 2 Aug 2011, 17:38 BST
Issue No. 2263
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