PLATFORM's Report
PLATFORM, a London based charity focused on oil’s social and environmental impact recently issued a report revealing that “Under the influence of the US and UK, power politicians and technocrats in the Iraqi oil ministry are pushing to hand all Iraq’s undeveloped oil companies to be developed under “production sharing agreements”.
Greg Muttit, an analyst at PLATFORM and author of the report says “The key US-UK energy security priority is secure control over an increasing supply of Gulf oil”.
According to the report, Iraq may suffer a loss of billions by losing control over its oil fields, the loss from production sharing agreement can amount to 2,800$ to 4,700$ per Iraqi adult over the 30 year life span.
So simply, it was “oil” and not Saddam.
Greg Muttit, an analyst at PLATFORM and author of the report says “The key US-UK energy security priority is secure control over an increasing supply of Gulf oil”.
According to the report, Iraq may suffer a loss of billions by losing control over its oil fields, the loss from production sharing agreement can amount to 2,800$ to 4,700$ per Iraqi adult over the 30 year life span.
So simply, it was “oil” and not Saddam.


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