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View Full Version : Shell holding Iraq oil metering talks



BIG WAVE
04-13-2006, 07:56 AM
LEADING STORY
Shell holding Iraq oil metering talks (http://www.noozz.com/Iraq/ViewArticles.aspx?ArticleId=149175)
http://www.noozz.com/Iraq/Media/Images/shell.jpg
Royal Dutch Shell, the Anglo-Dutch energy group, is holding "preliminary discussions" with the Iraqi government to overhaul its oil metering system, blamed for allowing billions of dollars in revenues to be siphoned-off.

http://www.noozz.com/Iraq/Index.aspx

Lonestar
04-13-2006, 08:02 AM
This would definitely curb the black market supply if the production was more publicly transparent.

trusty
04-13-2006, 09:00 AM
LEADING STORY
Shell holding Iraq oil metering talks (http://www.noozz.com/Iraq/ViewArticles.aspx?ArticleId=149175)
http://www.noozz.com/Iraq/Media/Images/shell.jpg
Royal Dutch Shell, the Anglo-Dutch energy group, is holding "preliminary discussions" with the Iraqi government to overhaul its oil metering system, blamed for allowing billions of dollars in revenues to be siphoned-off.

http://www.noozz.com/Iraq/Index.aspx

This metering project has been under consideration for months. I would like to see an obtainable projected completion date.

Trusty

Lonestar
04-13-2006, 09:46 AM
I agree. I feel there should be timelines set for projects and project completions. The $$$awarded would be directly tied to completion by the date specified. If over on timeline penalties $$$$ would be paid to the lender of funds for the project and likewise a bonus $$$ to be paid for under timeline and 100% complete. A novel idea ya think?