Voice from the Commonwealth
Commentary, World Views and Occasional Rants from a small 'l' libertarian in Massachussetts

"If ye love wealth greater than liberty, the tranquility of servitude better than the animating contest for freedom, go home and leave us in peace. We seek not your council nor your arms. Crouch down and lick the hand that feeds you, and may posterity forget that ye were our countrymen." - Samuel Adams

Friday, April 11, 2003

Who is it that was expected to be greedily waiting to get their grubby hands on Iraq's oil?

In an interview with Belgian newspaper L'Echo, TotalFinaElf chairman Thierry Desmarest said "international law must be respected" when the United States hands out reconstruction contracts.

Desmarest said TotalFinaElf holds the "trump cards" in Iraq's oil industry with drilling concessions in the southern region of Bassorah.

"In this respect, we're a year ahead of our main competitors in terms of technical expertise," he said.

Desmarest denied that his company had fallen victim to any anti-French sentiment in the United States over the Iraq war, which Paris along with other capitals such as Moscow has staunchly opposed.

< email | 4/11/2003 02:13:00 PM | link

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