Former CPA advisor's hopes high for Iraqi oil industry

06/07/2004
Iraq's oil business "is basically ready to hand over now" to Iraqi control, said Robert E. McKee III, the former ConocoPhillips executive who recently completed 6 months' service as senior oil advisor to the Coalition Provisional Authority in Baghdad.Iraqis "have been running that oil business for a long while. They are very capable of running it," despite having been "in kind of a generation gap" during the 25-year dictatorship of former President Saddam Hussein, said McKee at a May 12 press conference in Houston. Because of the trade ban imposed by the United Nations on Iraq after its 1990 invasion of Kuwait, he said, "Technology has bypassed them, and there are some skills gaps...
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