Word: iraqi
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Dates: during 2000-2009
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...believe the war-torn country is underexplored and could potentially rival Saudi Arabia in oil reserves. And so the biggest names in the industry will put in bids for 20-year contracts on six of Iraq's largest oil fields and two of its largest gas fields, with the Iraqi Oil Ministry scheduled to announce the winning bidders on June 29 and 30. In the running are Exxon Mobil, Shell and BP as well as smaller Chinese, Russian and other state companies. Winners will have a 75% stake in the project - with 25% to the partnering Iraqi oil company...
...still has interests in Iraq and will need to see them advanced if it hopes to turn its adventure there into a success. Washington wants Iraqis to build on the gains of the past two years--to clean up their government, speed up political and social reconciliation and pull the economy out of its state-controlled stasis. The U.S. can't afford to see Iraq turn into an Iranian satrapy or become a haven for cross-border terrorism. But without thousands of soldiers and billions of dollars at his disposal, Hill will have to persuade Iraqi officials to do Washington...
...aftermath of ethnic and religious conflicts (in the 1990s, he worked with special envoy Richard Holbrooke in the Balkans). It may help too that Hill has a reputation for being approachable and unburdened by ideology. In Iraq, he will need all his diplomatic skills and then some. Iraqi officials like to say they want the same things as the U.S., though they don't like American lectures on how to get them. But Hill has already learned that, in reality, Baghdad's priorities can differ dramatically from Washington...
...early goals, for example, was to coax Iraqi politicians into agreeing on a "hydrocarbon law": a framework both for sharing oil and gas revenues among Iraq's ethnic groups and for allowing easy foreign investment. But Arabs and Kurds are no closer than ever to an agreement on revenue-sharing, and pushing too hard could lead to armed conflict between them. Hill has had to back off. "I arrived here and realized that, actually, people aren't really working on the hydrocarbon law," he says. The risk is that without a new legal framework for the oil and gas industry...
...terrorist designation be lifted because of a lack of evidence that the MEK had been involved in terrorist activity since it renounced violence in 2001. (In Iraq, the U.S. Army disarmed MEK's Ashraf compound in the country's east in 2003, calling it a security threat. The Iraqi government has indicated it will close the camp completely...