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IRAQ's Oil Nationalization
Oil Nationalization - Brief Historyby Issam al-ChalabyFormer Oil Minister (1987-1990)Immediately after WW1, and as a condition to the establishment of Iraq, the oil concession was awarded to the American, British, French & Dutch companies for a period of 75 years.The concessionary companies,…
Via Wafaa Al-Natheema (RSS)
Oil Nationalization - Brief History
by Issam al-ChalabyImmediately after WW1, and as a condition to the establishment of Iraq, the oil concession was awarded to the American, British, French & Dutch companies for a period of 75 years.The concessionary companies, despite the great potential, restricted its oil production to…
Via History of IRAQ (RSS)