it is mind-blowing how long they've held on...., but the real stunner for me is that the Iraqi government has STILL not forked over the oil contracts. Every once and a while a new article will come out proclaiming it's a done deal, but they're still holding out.
Analysis: Unions could sway Iraq oil law
By BEN LANDO
UPI Energy Correspondent
WASHINGTON, March 28 (UPI) -- Iraqi parliamentarians are set to debate a law governing oil and natural gas resources, though backroom negotiations on the measure haven't concluded yet. Both the deliberation and the deal may be futile, however, if Iraq's oil unions don't give their consent.
And the blessing of the more than 26,000-strong workers is far from guaranteed.
"We think that to reserve sovereignty of Iraq is to be able to control the oil wealth," Hassan Jumaa Awad, president of the Iraqi Federation of Oil Unions, told United Press International.
The IFOU is an umbrella group of Iraq's oil sector workers who pump the nation's 2 million barrels per day, but, to Awad's dismay, was not party to negotiations over the law.
"Since we are working to make progress in production, we need a real participation in all the laws that are related to the oil policy," Awad said, speaking from his mobile phone in the south port city of Basra, where most of Iraq's 1.6 million bpd are sent to market.
"We are the sons of this sector and we have the management and technical capability and we have the knowledge on all the oil fields. That is why we demand that our participation should be in such a level."
That "demand" is rhetorical now, hoping to influence the legislation before a final version is written. It could reach a point where the IFOU shuts down production. Oil sales fund 93 percent of Iraq's budget, giving the union's major bargaining power. If that doesn't work, violence could follow, though unions are likely not to join the ranks of insurgents. http://www.upi.com/Energy/view.php?StoryID=20070328-011829-3353r Some Democrats Oppose Forcing Iraq To Accept Foreign Investment in OilBy: Ryan Grim
March 27, 2007 05:34 PM EST
Workers walk through Sheaiba oil refinery, some 40 kilometers (25 miles) west of Basra, Iraq, Wednesday, March 21, 2007. (AP Photo/Nabil al-Jurani)
The wartime spending measure passed by the House last week and a related bill being taken up in the Senate put pressure on the Iraqi government to open its oil resources to foreign investment -- just what critics contend was the real purpose of the U.S. invasion.
The spending bill ties continued support for the war in Iraq to specific benchmarks that the Iraqi government must meet by certain dates.
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The language refers to a bill that the government of Iraqi Prime Minister Nouri al-Maliki sent to the Iraqi Parliament on Feb. 26. The measure would open the country's fossil fuel resources to foreign oil companies. The bill faces steep opposition because it is seen as a radical departure from current Iraqi law and from the way other Middle Eastern nations have nationalized their vast oil resources.
The Associated Press reported earlier this month that Maliki fears the U.S. would withdraw support for him if he doesn't succeed in passing the current version of the bill. Democratic opponents of the oil benchmark in the House argued last week that Iraq should not be forced to pass an oil law favorable to foreign companies while the country remains under occupation
http://www.politico.com/news/stories/0307/3318.html