Often, more recently, and alas, it is suspected that behind us is a war for oil. But wars are not made to "take the oil," tout court: you can almost always get comfortable signing an agreement with a handshake. Who has the oil but needs to sell it. Certainly, the increased demand and diminishing resources have led to a seller's market, rather than the buyer, but the goal remains the same for both.
The problem then is not "taking the sinks, but getting very favorable agreements. That is not always possible, especially when the manufacturing country has a strong national company, or the laws that do not allow foreign companies to do the good and the bad weather. Some examples? Saddam's Iraq, which after the war was imposed on the much-debated oil law, which effectively deprived the Iraqi people's sovereignty on its soil, Chávez's Venezuela, or Libya's Gaddafi.
The latter, through the national airline of NOC, has a system of agreements other than those used in the rest of the world. The EPSA Agreement, which many companies stipulate in Libya does not provide royalties, division operating expenses, taxes: none of this. More simply, the government takes its share from gross production.
The airlines operate at its own expense, pay no taxes or duties, and share the production with Libya. But do not think it is a fifty-fifty, no way. And just a bean falls Eni, who is there to drill in Libya for Gaddafi before and has always been a bit 'stone of the scandal. And maybe the straw that broke the camel's back, thinking to current events.
To understand what happened in Libya this question comes to our aid Wikileaks, with some classified documents. 06/17/2008: "Extensive oil and gas agreement with Eni, the other companies are concerned that the terms of the Agreement establishing an unfortunate precedent." Perhaps you will remember, he talked a lot: it happens in 2008 that Libya extends for another 25 years the rights to Eni.
"With the new contract, EPSA IV, Eni reduces its production rate to 12% for oil (from the previous 35-50%) and 40% for gas." Continue the Cable Wikileaks: "The potential impact of this agreement, Eni is significant. Local observers expect that the success of Noc in securing favorable terms as to convince the contrattiesistenti renegotiate with other international companies.
The bottom line is: complain that Eni is active in Libya for a loaf of bread. Competing with other companies that also will be forced, by the powerful Libyan company to work with compensation from the Chinese. And in fact, that's the Noc picks for the neck the other companies. 07/23/2008: "With the new agreement, the share of production for the European consortium (the one that develops the basin Marzuq, ed) will be reduced from 25% to 13%.
Repsol, OMV, Total and Saga Petroleum have followed other major players in Libya giving in to pressure Noc to the new EPSA IV agreement, which provides a significant reduction of share for international companies. And if anyone doubts, here is a cable ready when we complain of the rigidity of its NOC, and especially of the autocratic management of the official Shukri Ghanem.
Who, just last year, has announced plans to extend the fateful EPSA IV Agreement also companies that have until now enjoyed traditional concessions. "There are many ways to skin a cat," he said. More halter-that the agreements, then, is this metaphor that should not be just go down to international companies.
With the consequences. 
The problem then is not "taking the sinks, but getting very favorable agreements. That is not always possible, especially when the manufacturing country has a strong national company, or the laws that do not allow foreign companies to do the good and the bad weather. Some examples? Saddam's Iraq, which after the war was imposed on the much-debated oil law, which effectively deprived the Iraqi people's sovereignty on its soil, Chávez's Venezuela, or Libya's Gaddafi.
The latter, through the national airline of NOC, has a system of agreements other than those used in the rest of the world. The EPSA Agreement, which many companies stipulate in Libya does not provide royalties, division operating expenses, taxes: none of this. More simply, the government takes its share from gross production.
The airlines operate at its own expense, pay no taxes or duties, and share the production with Libya. But do not think it is a fifty-fifty, no way. And just a bean falls Eni, who is there to drill in Libya for Gaddafi before and has always been a bit 'stone of the scandal. And maybe the straw that broke the camel's back, thinking to current events.
To understand what happened in Libya this question comes to our aid Wikileaks, with some classified documents. 06/17/2008: "Extensive oil and gas agreement with Eni, the other companies are concerned that the terms of the Agreement establishing an unfortunate precedent." Perhaps you will remember, he talked a lot: it happens in 2008 that Libya extends for another 25 years the rights to Eni.
"With the new contract, EPSA IV, Eni reduces its production rate to 12% for oil (from the previous 35-50%) and 40% for gas." Continue the Cable Wikileaks: "The potential impact of this agreement, Eni is significant. Local observers expect that the success of Noc in securing favorable terms as to convince the contrattiesistenti renegotiate with other international companies.
The bottom line is: complain that Eni is active in Libya for a loaf of bread. Competing with other companies that also will be forced, by the powerful Libyan company to work with compensation from the Chinese. And in fact, that's the Noc picks for the neck the other companies. 07/23/2008: "With the new agreement, the share of production for the European consortium (the one that develops the basin Marzuq, ed) will be reduced from 25% to 13%.
Repsol, OMV, Total and Saga Petroleum have followed other major players in Libya giving in to pressure Noc to the new EPSA IV agreement, which provides a significant reduction of share for international companies. And if anyone doubts, here is a cable ready when we complain of the rigidity of its NOC, and especially of the autocratic management of the official Shukri Ghanem.
Who, just last year, has announced plans to extend the fateful EPSA IV Agreement also companies that have until now enjoyed traditional concessions. "There are many ways to skin a cat," he said. More halter-that the agreements, then, is this metaphor that should not be just go down to international companies.
With the consequences.
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