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Tuesday March 15, 01:30
Halliburton to get $10 billion from Iraqi contracts
(by Natali Novak)

Halliburton to get $10 billion from Iraqi contracts

According to the report from Pentagon, the Halliburton Company claims that it had paid more than $27 million for transport liquefied petroleum gas it had purchased in Kuwait for just $82,000.

The fuels report involves a subsidiary of Halliburton, Kellogg, Brown & Root, that completed its work in October 2004, in the month before the American presidential elections. But the records were kept confidential in spite of requests of Republican and Democratic members of Congress.


"The facts show that KBR (Halliburton) delivered fuel crucial to the Iraqi people when failure was not an option," said Wendy Hall, a spokeswoman for Halliburton. "We will continue to work with the Army to prove, once and for all, that KBR delivered these vital services for the Iraqi people at a fair and reasonable cost given the circumstances."

Iraq contracts supplied KBR with a $10 billion bid, including oil-field repairs, fuel imports, provision of housing, meals and other support to the military.

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25 Nov 2004 07:17 AM Halliburton may have to take 15% payment withholding
 


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