Shi'ite faction menaces Iraq's Basra oil exports

Mon, 2006-05-29 15:19

Mariam Karouny, The Washington Post
Iraq's new government risks being held to ransom by a dissident Shi'ite faction using its local clout in Basra to hobble vital oil exports, Iraqi officials and senior political sources said on Friday.

They warned that the locally powerful Fadhila party was threatening to have members in the oil industry stage a go-slow to halt exports through the key southern oil port if it did not win the concessions it wanted from Baghdad.

"He who owns Basra owns the oil reserves. It is the gateway to the Gulf," the Shi'ite political source said

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Shi'ite faction menaces Iraq's Basra oil exports

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