BP Don?t See Their Future In Iraq

BP's CEO John Browne announced that his company has no future in Iraq, informing that it will barely participate in Iraq recovery.
John Browne indicated he had given up on Iraq because of serious deprivation of the political and security situation in the country.
Yet only 18 months ago he was extremely enthusiastic about prospects, lobbying in Washington and London to ensure American rivals did not cut him out of the action.
"We need a government, we need laws, and we need decisions. We have not got any of that yet. A whole range of steps need to be taken," said the BP boss as he unveiled new record profits this week.
The pessimistic view about the future in Iraq was expressed hours after Lord Browne had met the prime minister at the launch of a new climate change organization.
"We have let it be known that the thing we would like to make sure, if Iraq changes regime, is that there should be a level playing field," Lord Browne had said.