Middle East Economic Survey

VOL. XLVII

No 39

27-September-2004

IOCs Mull Iraqi Oil Play

While the international oil companies (IOCs) are adopting a general public position that the lack of security and an elected government prevent them from going into Iraq in the near term, there is a perceptible jockeying among the companies to make contacts and develop relations with the Iraqi oil authorities in preparation for future developments, MEES soundings indicate.

During the OPEC ministerial conference...