France's largest oil company, Total Fina Elf, has negotiated a deal to develop the Majnoon field in western Iraq. The Majnoon field purportedly contains up to 30 billion barrels of oil.
To put this into perspective, the U.S. Geological Survey, updated May 2000, estimated that ANWR might contain up to 16 billion barrels of oil. Link:
http://www.anwr.org/features/blackgold.htm
4 posted on 03/01/2003 6:44:15 AM PST by Oldeconomybuyer
(Let's Roll)