Selling Off Iraqi Oil Fields

We said we would not do this, even as Paul Wolfowitz and Perle rubbed their hands together in glee at the prospect. Yet we're doing it.

Baghdad, 8 July (AKI) - Eleven oil fields in southern Iraq, capable of boosting the country's production to three million barrels a day will soon be tendered to international investors, the Iraqi oil ministry announced Friday. "The ministry needs legislation which will allow it to fix international work criteria with companies that are involved in petroleum investments," said the ministry's spokesman, Asim Jihad.