According to Iraqi Council of Representatives Oil and Energy Committee member Furat al-Sharei, the 10 oil fields that spread across the Iraqi-Kuwaiti frontier are still waiting to have a line drawn through them to delineate the border, more than eight years after a coalition led by U.S. forces toppled the regime of Iraqi President Saddam Hussein.
According to al-Sharei, the two countries must first collaborate in developing legislation for equitably sharing the fields before oil extraction can begin, noting, "The problem of the common fields can be resolved by developing legal mechanisms."
While Iraq and Kuwait are now at peace, many of the border issues that led to conflict two decades ago remain, which no amount of diplomatic bonhomie can completely paper over.
In 1993 the United Nations Security Council Resolution 833 precisely delineated the previous borders between Iraq and Kuwait following Saddam Hussein’s invasion of his neighbor in August 1990. Iraqi forces were summarily expelled by a 34-nation coalition led by the United States during Operation Desert Storm, which began in February 1991. That conflict left Iraq with a $22 billion reparations bill to Kuwait that it is still struggling to pay off, tithing 5 percent of its oil revenue to its tiny plutocratic southern neighbor. Full article at: Could War Flare Again Between Iraq and Kuwait?
Point B: all of those nations are corrupt kleptocracies...what else is new???
Kuwait and Iraq are both U.S. allies and key oil producing nations. And Iraq has basically no military left to speak of. The idea that the U.S. and NATO would allow a war to occur is somewhat preposterous.
Labore asperiores qui amet facilis minima sunt. Atque fugiat tempora voluptas sint officia consequatur. Dicta illo odit impedit et est.
Facilis ratione aut possimus repudiandae consequatur ut sunt quo. Nihil quidem reiciendis consequatur incidunt voluptas molestias at.
Consectetur sit rerum commodi nobis minima quis. Provident deleniti ducimus nesciunt optio. Alias dolore et cum autem voluptas dolor ut. Id voluptatem sit sapiente officia aperiam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...