Who said it was about oil?
/Iraq oil development rights contracts awarded
Oh, I bet!As much of its oil is relatively cheap to extract, analysts suggest the potential profits for foreign companies could be huge. "This is an opportunity without precedent anywhere else in the world.
The scale of reserves available for development and exploitation is without equal," Peter Kemp from Energy Intelligence told BBC News. "That is something that no oil company... can ignore."
As much of its oil is relatively cheap to extract, analysts suggest the potential profits for foreign companies could be huge. "This is an opportunity without precedent anywhere else in the world. 
