Oil companies carve up Iraq’s riches

The British Observer is reporting that the world’s oil companies are already meeting to divvy up Iraq’s oilfields, deciding who gets what after the war.

The leader of the London-based Iraqi National Congress, Ahmed Chalabi, has met executives of three US oil multinationals to negotiate the carve-up of Iraq’s massive oil reserves post-Saddam.

Disclosure of the meetings in October in Washington – confirmed by an INC spokesman – comes as Lord Browne, the head of BP, has warned that British oil companies have been squeezed out of post-war Iraq even before the first shot has been fired in any US-led land invasion.

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(Thanks, Pat!)