Iraq War: Not About Oil, but Euros vs. Dollars
ChrisD(RJ)
chrisd at russiajournal.com
Tue Apr 1 23:28:25 PST 2003
There is a "fact sheet" circulating on the net that states Saudi
Arabia has the most oil and Iraq comes in second. Is that wrong? I
thought Russia had companies in Iraq exploring oil fields already.
Marta
---
Russia's proven oil reserves are something like 1/4 Saudi's.
Yes, Russia has long-term oil contracts with Iraq, and the Iraqi oil
industry uses Russian technology.
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