25 July 2008 Iraqi Shiite Vice President Adel Abdul Mehdi does not disguise his and his party’s ambitions in establishing a semiautonomous region in southern Iraq, home to the country’s most abundant and biggest oil fields, in parallel to the Kurdistan region in northern Iraq, despite Sunni objections and warnings that the move would practically divide Iraq into three mini-states, with the southern region backed by influential Shiite neighbor Iran….
Tag: Maliki
Al-Maliki: Iraq Ready To Step Up
18 July 2008 Feeling buoyant about beating back Al-Qaeda in Iraq and reining in Iraqi militias in southern Iraq and Baghdad, Iraqi Prime Minister Nouri al-Maliki is now taking the initiative on the economic and diplomatic fronts. He wants to spur the much-delayed reconstruction efforts, including those in the oil sector, by moving the decision-making process from bureaucratic ministries to a new council with powers to award contracts. He also…
Iraqi Parties Revive Older Hydrocarbon Law
5 September 2007 The Iraqi cabinet has withdrawn a draft hydrocarbon law it sent to parliament in July after it failed to muster enough support from lawmakers to approve it. The cabinet has instead reverted to an older version endorsed by the council of ministers in February which it hopes will be backed by five parties when it’s put to a vote before the end of the year, a senior…
Iraq: Splits Dog Oil Law
9 March 2007 Having waited so long for a law offering the framework necessary to regularize and legitimize future investments in Iraq’s vast oil resources, international firms itching to get their hands on the biggest Mideast opportunity in decades now find consensus — perhaps the most important ingredient of all — lacking. Iraqis are divided over the legitimacy of signing contracts while the country is wracked by chaos, and some…