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Iraq in Talks With Chevron, Exxon



By AP
25 January 2007 @ 08:15 pm EST

Hariri plans to have discussions with General Electric Corp. over possible power turbine contracts and with General Motors Corp. over contracts for service vehicles, such as fire trucks and ambulances. The latter contract would be worth $80 million or less.

Over the next several years, the minister said Iraq would look to privatize all of state-owned industry, which number around 60 companies. He also said Asian companies were keen to enter discussions with the Iraqi government over industrial contracts.

Hariri said Iraq was also in discussions with San Francisco-based Bechtel Corp. over engineering contracts, but did not elaborate. The company recently said it was leaving Iraq after suffering through a spree of violence that killed 52 workers. The departure of the company served as another sobering reminder of how the carnage in Iraq has scrambled the United States' ambitions to rebuild the country.

Copyright 2008 The Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

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