Iraq Oil Business [Company] - Iraq Oil Business

… (2) The form of nationalization varies significantly from oil-producing country to oil-producing country. Iraq nationalized IPC in 1972, and the state-run Iraqi Company for Oil Operation (ICOO) took over operations. Since Iraq had the highest level of technology among oil-producing countries, not only did it eliminate the relationship between the government and the concessionaires, but it also carried out subsequent operations independently, without any involvement from the former concessionaires. In this sense, it can be said to be the first complete nationalization in the Middle East. …

*Some of the terms mentioned in the "Iraq Oil Company" are listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…　(2)の国有化は，産油国により著しくその形態を異にする。イラクは1972年IPCの国有化を断行，国営のイラク石油事業会社Iraq Company for Oil Operation(ICOO)が操業を引き継いだ。イラクは産油国のなかで最も技術水準が高かったため，従来の政府と利権保有者の関係を消滅させただけでなく，その後の操業も旧利権保有者とまったく関係なく独自に行ったという点で，実質的には中東で初めての完全国有化といえる。…

※「イラク石油事業[会社]」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典 第２版について | 情報