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France was against the war in Iraq because it was closely connected to Saddam. [TED].
There is absolutely no doubt that Saddam had promised France enormous oil contracts. France even pushed to drop all sanction against Iraq in 1999 so they could move forward with contracts on what may be the richest oil fields in the world.
http://www.frontpagemag.com/Articles/ReadA...le.asp?ID=13021If you read the French press, or the glowing accounts of Chirac's opposition to the U.S. effort to build an international coalition to oust Saddam Hussein that appeared here in America, you might actually believe that the French were standing on principle.
I reveal that Chirac was defending something quite different when he sent his erstwhile foreign minister, Dominique de Villepin, around the world to buy votes against America at the United nations. Chirac was determined to maintain Saddam Hussein in power so that two extraordinarily lucrative oil contracts, negotiated by the French, could go into effect.
Through my sources, I obtained a copy of one of these contracts. It spans 154 pages, and grants the French exclusive right to exploit one of Iraq’s largest oil fields at Nahr al-Umar for a period of twenty years. Under the deal, the French were given 75% of the revenue from every barril of oil they extracted – 75%! That is absolutely stunning. Not even during the pre-OPEC days were foreign oil operators granted such extravagant terms.
I discussed the contract with an independent oil analyst, Gerald Hillman, who estimated that during the first seven years alone, it would earn the French around $50 billion. Elf-Aquitaine negotiated a virtually identical deal with Saddam to expand the gigantic Majnoon oil field as well. Put together, those two deals were worth $100 billion to the French. That’s 100 billion good reasons for Mr. Chirac to keep Saddam in power.
Through my sources, I obtained a copy of one of these contracts. It spans 154 pages, and grants the French exclusive right to exploit one of Iraq’s largest oil fields at Nahr al-Umar for a period of twenty years. Under the deal, the French were given 75% of the revenue from every barril of oil they extracted – 75%! That is absolutely stunning. Not even during the pre-OPEC days were foreign oil operators granted such extravagant terms.
I discussed the contract with an independent oil analyst, Gerald Hillman, who estimated that during the first seven years alone, it would earn the French around $50 billion. Elf-Aquitaine negotiated a virtually identical deal with Saddam to expand the gigantic Majnoon oil field as well. Put together, those two deals were worth $100 billion to the French. That’s 100 billion good reasons for Mr. Chirac to keep Saddam in power.