29 September 2006 It will be 2008, at the earliest, before Iraq’s southern provinces unite to form the giant oil-rich federal region that some Iraqi groups are calling for. That’s the deal reached this week by Shiite and Sunni lawmakers which, for now at least, averts further ethnic and religious strife over a Shiite-backed law outlining the mechanisms whereby Iraq’s provinces can form autonomous regions. But the arrangement, brokered by…
Tag: oil law
Iraq Vote Carries Seeds For Oil Conflict
14 October 2005 Iraqis are set to vote Saturday on a new draft constitution intended to usher in a new era, which should see the country edge closer toward the establishment of state institutions and adoption of new laws, including in the oil sector. However, all this will do little to unite a divided country — and it could even instigate new conflict over the distribution of oil wealth, analysts…