Iraqi Oil Minister Abdul Karim Luaybi gives the latest on the draft Oil & Gas Law (OGL) and the state of the dispute with Exxon Mobil over its signed contract with the Kurdistan Regional Government (KRG) in an interview with Iraq Oil Forum editor Ruba Husari in Baghdad. (للنص العربي اضغط هنا) Q: You were expected to meet with the KRG’s Minister of Natural Resources Ashti Hawrami to agree a…
Tag: federal government
Three Options for Oil in Iraq Constitution
25 July 2005 As an Aug.15 deadline approaches for agreeing on a final draft of Iraq’s new constitution, Iraqi officials say the document should be ready for debate by a special committee next week, to be followed by the National Assembly. However, agreement remains elusive on how ownership and management of Iraq’s vast oil resources should be formulated in the draft constitution, a member of the constitutional drafting committee told…
Iraq Constitution Vague on Key Oil Issues
24 August 2005 Iraq’s new draft constitution, which is awaiting a final vote by the National Assembly, offers significant power to the country’s many regions in determining how to manage Iraq’s oil wealth. The draft copy of the constitution, however, remains vague on major issues regarding oil policy and future investments, opening the way to different interpretations and possibly disputes which could delay the opening up of Iraq to international…