British website: New oil agreements reveal a growing Western influence in Iraq
Information / Translation …
A report by the British oil Price website specializing in oil and energy affairs revealed on Wednesday that Iraq’s recent signing of several agreements with Western oil companies reveals an increase, albeit noticeable, of Western influence in Iraq.
“The growing number of deals between the West and Iraq highlights Western’s growing involvement in Iraq’s vital energy sector, and in this process, the United States and its main allies China and Russia have proven that they are capable of winning while working on two conflicts at the same time – the war of Russia and Ukraine, the war of Israel and Hamas, and it seems very likely that they can do the same in three countries if necessary, especially if the third country focuses on Taiwan,” the report said.
He added that “on January 16 alone, it witnessed the signing of many new agreements for British companies, followed by the visit of Iraqi Prime Minister Mohammed Al-Sudani to London, where he met with Shell CEO Wael Sawan to discuss opportunities to expand cooperation between Iraq and the energy giant company. Sawan confirmed Shell’s readiness to increase its investments in Iraq, especially in the gas sector, where it is a key player in it through its role in Basra Gas Company.”
He added that “the demonstration of Western soft power also appeared in the signing of a memorandum of understanding between the School of Oriental and African Studies at the University of London and the Iraqi College of Al-Mamoun, focusing on educational cooperation and the exchange of academic missions. One day later, the United States came in turn, as the Iraqi government agreed to the terms of the agreement with Halliburton Company to develop the Nahr Bin Omar and Sinbad oil fields.
“This is the tip of the iceberg where Chevron, ExxonMobil, ICOM and Bectel have all been nominated for bids for projects in Iraq with contracts worth more than $60 billion,” a senior source in the EU’s energy sector said.
According to industry figures, Chinese companies now manage more than a third of Iraq’s proven oil and gas reserves and more than two-thirds of its current production, so it is not surprising that the United States and its allies have since desperately sought to reverse this geopolitical trend,” the report said. Over / 25 Z
No comments:
Post a Comment