Home > Economics, Middle East, Politics > A New Draft of the Iraqi Oil Law, an Incompetent Jumble or an Elaborate Trick?

A New Draft of the Iraqi Oil Law, an Incompetent Jumble or an Elaborate Trick?

The following is an excerpt regarding Iraq’s convoluted drafting and redrafting of the Oil Law, originally posted in Al-Ghad:

The Iraqi government has submitted yet another Draft Oil Law after the much trumpeted draft of the July 3rd, 2007 that was approved by the cabinet and supposedly passed to the parliament for endorsement as is. The new draft has introduced several amendments in its second chapter that droped the name of the Kurdistan Region (from Article 1, paragraph 5, and Article 2, paragraph 1), maybe to please MP’s that had boycotted parliament because of opposition to Kurdish demands in the Oil Law. And, unlike the 3rd July Draft, the new draft submitted to parliament contains the controversial four annexes detailing the oil fields in the whole country.

Read the complete text of the post >>

Read the 27 July Draft Oil Law (Arabic PDF) >>

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