1 June 2007 Iraq has missed a May 31 deadline to approve the country’s first hydrocarbon law since regime change in 2003 — but in Iraqi terms, that’s no big deal. Every other deadline pushed by the US administration in the past four years for rebuilding the country’s institutions has also been missed. But for Iraq’s dilapidated oil sector, the delay is pushing back some initiatives that could provide a…
Tag: Maliki
Sharing The Wealth
22 June 2007 After weeks of haggling and tough bargaining, Iraq’s central government and the northern Kurdish region have agreed a draft revenue-sharing law — opening the way for parliament’s approval of a hydrocarbon law regulating international investments in Iraqi oil and gas fields. The draft revenue law is a compromise that ensures the Kurds get an adequate and timely share of state revenues, but keeps the collection and distribution…
Iraq Edges Toward Deal on Government
5 May 2006 Talks on forming Iraq’s next government seem to be edging closer toward an agreement on the main portfolios, including the Oil Ministry, and an announcement could be made as early as next week, Iraqi sources said Thursday. Two candidates emerged this week as the strongest candidates for the oil portfolio: former Oil Minister Thamer al-Ghadban, a technocrat who is backed by several parties including some in the…
Iraq Fights for Control of Oil Region
31 May 2006 Barely a week after Iraq’s cabinet was sworn in, Iraqi Prime Minister Nuri al-Maliki and Oil Minister Hussein al-Shahristani are facing the threat of a major disruption to Iraq’s oil output and exports, amid a Shiite power struggle in the southern province of Basrah. Al-Maliki today plans to make his first trip to Basrah as prime minister, in an attempt to stop turf wars among Shiite Islamist…