An Iraqi who saved Norway from oil (2009)

An Iraqi who saved Norway from oil (2009)

At the time of his surprise call, Norway’s oil administration numbered just three officials, all in their thirties and all learning essential parts of the job as they went along. When al-Kasim arrived in Oslo, no one was worrying about how oil might challenge Norway – in part because they didn’t think any would be found. Norway faced the same dilemma as every other new oil producer with no experience of the industry: if you rely too much on private foreign companies, too little of the oil wealth benefits the country in the form of government revenue or economic development; if you go too far in the other direction, you risk a bloated, politicised oil sector that evades both accountability to the people and competitive pressures to be efficient.

Source: web.archive.org