Thamir Al-Ghadhban

Thamir al-Ghadhban, former Iraqi Minister of Oil and Chairman of the Advisory Commission at the Prime Minister’s office, gives his take on the latest developments in Iraq’s oil sector and analyses future trends in an interview in Baghdad with Ruba Husari. Q: How do you expect a new government following the March 7 legislative elections to deal with the signed contracts? Is there a risk that the legality of those…

Breaking The Oil Curse

For the first time the Iraqi federal budget for 2010 legislated Jan.26 includes allocations that will see the wealth redistributed among regions and governorates in a bid to make those who produce the oil benefit from it directly, while at the same time compensate them for the environmental damage suffered as a result of the oil and gas operations. That must be a first in the history of Iraq as…