Profit share is capped at $12.5%, three times above the profits Saddam had paid to Russian and Chinese oil investors. The law diminishes Iraqi’s central government authority by allowing provincial administrations to grant oil concessions. The Kurds vowed to continue independent oil deals regardless of the law passing the parliament.
The payback time: a draft law allows foreign investment in Iraqi risk-free oilfields | |
|
|
It’s hard to say how to comment on the payback of investment and what is correct. Iraq would hardly ever agree to followthis policy if it wasn’t for Americans troops. No one knows how to comment on the payback of investment because any of the commentaries may cause troubles all over the world.
Gentiles in Mossad is another interesting topic of the same kind nobody knows how to comment on.