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USA is considering measuring the amount of oil we are stealing from Iraq

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-24-06 06:30 PM
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USA is considering measuring the amount of oil we are stealing from Iraq
http://www.alertnet.org/thenews/newsdesk/N24345532.htm

UNITED NATIONS, March 24 (Reuters) - Iraq, under international pressure to crack down on oil smuggling, is finally starting work on a long-delayed system to meter its oil production, an Iraqi diplomat said on Friday

The Iraqi Oil Ministry has reached a preliminary agreement with the Royal Dutch Shell group <RDSa.L> to consult with it on creation of a system measuring the flow of oil, gas and related products, whether inside Iraq or for export to foreign markets, said Deputy U.N. Ambassador Feisal Amin al-Istrabadi.

The ministry also has concluded an agreement to rebuild a metering system in its southern oil port of Basra, where oil is loaded onto tankers for export, the U.N. envoy said in a March 22 letter circulated at the United Nations on Friday.

"This long-term development project will be implemented in stages that may be fulfilled in one or two years," he said.
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