Short Frenchies oil companies ?

Discussion in 'Commodity Futures' started by taodr, Feb 13, 2003.

  1. taodr


    What I have read is France is the second largest creditor to Iraq. Russia being number one. They have sold Iraq technologies and payments to France is around $17 billion a year. Now if after the war all "odious" contracts entered into before will be negated. Lots of "odious " contracts have been voided post change. ( South Africa) Surely companies like ELF would lose considerable income.