[WCUSP] It's still about Oil: p. 85 of Baker-Hamilton

[yvonne simmons]

> 
> The Way Forward-A New Approach
> 
> . In conjunction with the International Monetary
> Fund, the
> 
> U.S. government should press Iraq to continue
> reducing
> 
> subsidies in the energy sector, instead of providing
> grant
> 
> assistance. Until Iraqis pay market prices for oil
> products,
> 
> drastic fuel shortages will remain.
> 
> Long Term
> 
> Expanding oil production in Iraq over the long term
> will require
> 
> creating corporate structures, establishing
> management
> 
> systems, and installing competent managers to plan
> and oversee
> 
> an ambitious list of major oil-field investment
> projects.
> 
> To improve oil-sector performance, the Study Group
> puts
> 
> forward the following recommendations.
> 
> RECOMMENDATION 63:
> 
> . The United States should encourage investment in
> Iraq's
> 
> oil sector by the international community and by
> international
> 
> energy companies.
> 
> . The United States should assist Iraqi leaders to
> reorganize
> 
> the national oil industry as a commercial
> enterprise, in order
> 
> to enhance efficiency, transparency, and
> accountability.
> 
> . To combat corruption, the U.S. government should
> urge
> 
> the Iraqi government to post all oil contracts,
> volumes,
> 
> and prices on the Web so that Iraqis and outside
> observers
> 
> can track exports and export revenues.
> 
> . The United States should support the World Bank's
> efforts
> 
> to ensure that best practices are used in
> contracting. This
> 
> 85
> 
> support involves providing Iraqi officials with
> contracting
> 
> templates and training them in contracting,
> auditing, and
> 
> reviewing audits.
> 
> . The United States should provide technical
> assistance to
> 
> the Ministry of Oil for enhancing maintenance,
> improving
> 
> the payments process, managing cash flows,
> contracting
> 
> and auditing, and updating professional training
> programs
> 
> for management and technical personnel.
> 
> 
> 
> 



 
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