Building a world of
resilient communities.

MAIN LIST

 

Italy sent troops to Iraq to secure oil deal: report

ROME - Italian troops were sent to Iraq to secure oil deals worth 300 billion dollars, and not just for post-war humanitarian purposes, an Italian television report by RAI claimed on Friday.

The 20-minute report, broadcast by RAI News 24, the all-news channel of the Italian state-owned network, is based on interviews and official government documents.

In it, the Silvio Berlusconi administration is accused of picking the Nasiriyah area to safeguard a 1997 deal signed by Italy’s largest energy producer, ENI, and former dictator Saddam Hussein.

A government report compiled months before the war broke out recommends that Italy, in case of conflict, should secure the region of Nasiriyah and the nearby area of Halfaya, south of Baghdad, so as to secure “a deal worth 300 billion dollars”.

Both areas are known for its vast oil fields.

According to Benito Livigni, a former manager of ENI and the United States’ Gulf Oil Company, Iraqi’s oil reserves are estimated at 400 billion barrels, far more than the known figure of 116 billion.

If true, this would make Iraq the largest oil producer in the world, ahead of Saudi Arabia, the report says.

Images shown on the report by Sigfrido Ranucci and called “In the name of oil”, show previously unreleased footage of Italian soldiers busy protecting a refinery and a local pipeline in Nasiriyah.

The Italian government has always insisted that it chose to send 3,000 troops to Iraq for purely humanitarian reasons.

A total of 19 Italians, most of them soldiers, died in November 2003 in a suicide bombing against Italy’s base in Nasiriyah.

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Peak Oil Notes - Aug 27

A midweek update. Oil prices fell sharply on Monday in response to another …

Deflationary Collapse Ahead?

Both the stock market and oil prices have been plunging. Is this “just …

My Chicken of an EV

A little over two years ago, my wife and I entered a new phase of life in …

In Clash of Greens, a Case for Large-Scale Solar Projects

Weaning the U.S. economy off fossil fuels will involve the wide deployment …

Why the $20 Oil Predictions are Wrong

As the price of West Texas Intermediate (WTI) retests the $40 per barrel …

Peak Oil Review - Aug 24

The great oil price slide of 2014-15 is taking on epic proportions.

Fracking Arrives in the UK

Fracking has finally arrived in the UK, eight years on from …