Iraqi Oil Minister Thamer Ghadhban issued a statement on Sunday deeply
critical of the decision of Exxon Mobil to evacuate foreign staff from
the West Qurna 1 oilfield, saying it was “unacceptable and unjustified.”
Ghabhban said that the evacuations had nothing to do with the security
situation or any threats i the area, saying he believed it was purely
for “political reasons.” He says he sent a letter to Exxon Mobil calling
for the immediate return of the workers.
West Qurna 1 is near the border with Iran, and the company officially
said the evacuation was a “precautionary” move, implying it was
something to do with mounting US-Iran tensions. This is likely to anger
Iraq, because the US has used these tensions to put pressure on the
Iraqi government.
Iraq’s South Oil Company downplayed the significance of the move, noting
the foreign staff are only there to try to expand production at any
rate, and that the oil field will remain running at its full current
capacity with local workers.
It is time for Iraq to reclaim control of their Oil, however I am unsure if that is possible any longer.
Understandably, Venezuela is wise to the idea of the USA “liberating” their oil. Once the Big Oil Corpse take over, they never leave.
Not true. As I recall, Exxon packed up and moved out of Venezuela when Chavez took over.
I stand corrected.