Monday, February 25, 2008
What's a little gunfire among business associates?
Despite violence being at a level that would deeply worry you or I, Big Oil is ready to move into Basra and surrounds just as soon as they pass an oil law in Baghdad.
In the first interview since his appointment, Wareing, 53, told The Observer that security had improved significantly in recent months and was no longer an issue for investors. 'If you look at many other economies in the world, particularly the oil-rich economies, many of these places are quite challenging countries in which to do business,' he said. 'Frankly, if you can successfully operate in the Niger Delta, that is a very different benchmark from imagining that Basra needs to be like London or Paris.'A little extra security and a lot of "other nationals" and what is there to worry about?
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