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Iraq Study Group Recommendation #62 & #63

December 22nd, 2006-9:00 am by sub2change

Recommendations 62 & 63 deal with Iraq’s oil. This is a selected subset of the items presented.

From the ISG Report, page 84:

Metering should be implemented at both ends of the supply line. This step would immediately improve accountability in the oil sector.

And allow them to double-bill?

To combat corruption, the U.S. government should urge the Iraqi government to post all oil contracts, volumes, and prices on the Web so that Iraqis and outside observers can track exports and export revenues.

For a mere $10 million per year, I’ll take charge of IraqOilBlog.com.

The United States should provide technical assistance to the Ministry of Oil for enhancing maintenance, improving the payments process, managing cash flows, contracting and auditing, and updating professional training programs for management and technical personnel.

For all of the above, one might consider enlisting the help of the New Jersey branch of Teamsters Union. Of course, they’ll want their cut of the profits.

Posted in ISG Report | 1 Comment »

One Response

  1. sheldn Says:

    It is in how you word it. Each meter will be used for billing purposes.

    To combat corruption, the UN should not be allowed to be involved with any oil related programs or revenues.

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