Tag: Tariq Shafiq

If oil and politics are closely intertwined, this is certainly exemplified by the era of Middle East concession acquisition exploration and development, and more so in Iraq than anywhere else. The concession agreements were negotiated between the powers of the day, and enforced on the embryonic governments of the time. Production plans and policies were based on the consuming powers’ needs, with little consideration given to the concessionaires The concession era…