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Oil Companies Look to the Future in Iraq

December 1st, 2009
Categories: News, World, Middle East, War, Iraq

Link: http://www.nytimes.com/2009/12/01/world/middleeast/01iraqoil.html

“The attraction of these fields to oil companies is not the per-barrel profit, which is very low, but their value as an entrance ticket to the oil sector of southern Iraq,” said Reidar Visser, a research fellow at the Norwegian Institute of International Affairs who operates an Iraq Web site, Historiae. “In terms of size and potential, the Basra region remains one of the most attractive areas of future growth for the international oil industry.”

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