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: Shiite
Buying Time
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…
Three Options for Oil in Iraq Constitution
25 July 2005 As an Aug.15 deadline approaches for agreeing on a final draft of Iraq’s new constitution, Iraqi officials say the document should be ready for debate by a special committee next week, to be followed by the National Assembly. However, agreement remains elusive on how ownership and management of Iraq’s vast oil resources should be formulated in the draft constitution, a member of the constitutional drafting committee told…
Iraq Constitution Vague on Key Oil Issues
24 August 2005 Iraq’s new draft constitution, which is awaiting a final vote by the National Assembly, offers significant power to the country’s many regions in determining how to manage Iraq’s oil wealth. The draft copy of the constitution, however, remains vague on major issues regarding oil policy and future investments, opening the way to different interpretations and possibly disputes which could delay the opening up of Iraq to international…