Paris Wants to Catch Up in Iraq
Far behind London and Washington in the scramble for contracts in Iraq, Paris has set up a system to back its corporations in Baghdad. [...]
BP, also referred to be its former name British Petroleum, is a British multinational in the oil and gas business. It has oil operations in more than 70 countries and it produces 3.3 million barrels of oil a day.
Faced with American and British groups that have profited from their countries’ commitment to Baghdad, French companies are having to fight to avoid being totally cut out of the huge Iraqi market. France’s good relations with Arbil hold out prospects [. [...]