New York Times: China to dominate Iraq’s oil and its experts speak colloquial dialect

New York Times: China to dominate Iraq’s oil and its experts speak colloquial dialect

Created on Sunday, 09 June / June 2013 09:36 | |

New York Times: China to dominate Iraq's oilBaghdad, Washington / Orr News

The New York Times felt that the biggest beneficiary of the war in Iraq is China, which accounts for the development of a large proportion of its oil sector. , the newspaper said Iraq had become one of the largest oil producers in the world since 2003, while China is now the largest consumer.

China already buys about half of what Iraq’s oil is produced, approximately 1.5 million barrels per day, as well as the ability to possess the largest share in production, and is now submit their offers to acquire Exxon Mobil’s share in one of the biggest oil fields of Iraq. The newspaper quoted Denise Natali, a Middle East expert at the National Defense University in Washington, as saying that “the Chinese are the biggest beneficiaries of the booming oil sector in post-Saddam Iraq,” adding, “They need energy, and they want access to their markets.”

The oil industry before the invasion in 2003 shattered, and a large portion of which enters the markets because of the international economic sanctions on Saddam’s government, so carried overthrown promised renewed access to large reserves of the country. Chinese companies took the opportunity government, unspent over almost two billion dollars annually and operation of hundreds of workers in Iraq, and equally important show its willingness to work on the basis of the conditions of the Iraqi government and the acceptance of the lowest benefits in order to win oil contracts.

Says Michael Makovsky, a former official at the Ministry of Defense U.S. under the Bush administration and the work of the policy of Iraq’s oil, saying “we are losing,” explaining that “the Chinese were not involved in the war, but from the economic point of view you see them benefit from them, and our fleet V and our Air Force to help them now to secure their supplies. ” The newspaper commented that China’s depth of commitment in Iraq is clear in the details, large and small.

In the desert near the Iranian border, the daughter of China recently its own airports to transport workers to Iraq’s oil fields in the south, and there are plans to start direct flights from Beijing and Shanghai to Baghdad soon. In the port of Basra hotels, startling Chinese executives their Arab not بتحدثهم the hosts, but their use of the Iraqi dialect.

It should care, according to the newspaper, that what the Chinese are doing is not a complaint. Unlike the Western giants like Exxon Mobil, gladly accepted the Chinese Iraqi contracts strict conditions, which generate only minimal benefits. China is interested about the largest energy to feed its more than interest in enriching its giant.

The paper says that Chinese companies not answer to shareholders, pay dividends or even generate profits. These methods, however Beijing’s foreign policy to secure energy supplies for its people prosperity and increasingly hungry for energy.

The New York Times quoted Abdul Mahdi al-Amidi, in charge of the Iraqi Oil Ministry, responsible for contracts with foreign companies, saying “We have no problems with them,” he adds, “They are collaborators much. There a big difference with others, companies are Chinese state-owned companies, while Exxon Mobil or British Petroleum different. ”

The paper says that China is now moving impulsive steps to expand its role in Iraq, at a time of increasing Iraq’s dispute with the oil companies proceeded on separate contracts with the Kurdistan Regional Government. Kurds offer more generous deals from the central government, but Iraq and the United States promise as such contracts are illegal.

Late last year, the Chinese national oil company bid on a stake of about 60% of the West Qurna first phase, which is the share of Exxon Mobil may be forced to abandon it because of its interests in Iraqi Kurdistan. However, Exxon Mobil remained resist pressures yet to sell its stake, and last March, the Chinese company said it is interested in forming a partnership with a U.S. company to work in this field.