News and Interviews on Iraqi Oil
The chairman of the oil and energy committee in the Iraqi parliament, Adnan al-Janabi, spells out his plans to speed up the legislation of the pending oil sector laws and the role of his committee in resolving the conflict between the KRG and the federal government, in an interview with Ruba Husari in his office in Baghdad Feb.19. Q: What role do you see for the oil and energy committee…
Iraqi Prime Minister Nouri al-Maliki announced earlier this month that the oil ministry approved the two production sharing contracts for the Tawke and Taqtaq fields, signed before the constitution was drafted, for a variety of reasons which to his mind justify the legalization by Baghdad. A day after Mr Maliki was interviewed, the Kurdish Prime Minister Barham Saleh was quoted as saying that “all contracts” signed by the KRG received…
The year 2011 might turn out to be the year of Iraq’s hydrocarbon law, as this much awaited legislation could finally find its way to parliament, after the new council of ministers signs off on it. This doesn’t mean that the new law will cruise through without controversy. If anything, the discussions at the CWC Iraq Petroleum conference in London last week revealed the two sides are still at odds…
A power-sharing deal brokered after eight months of protracted negotiations among the winning parties in Iraq’s March legislative elections seems to have led to a situation where the country is led by two executive bodies: the cabinet and the National Council for Strategic Policies (NCSP). In the new era the two state institutions would have executive powers over oil and gas issues, from endorsing oil pipelines deals with neighboring countries,…