It is obvious that the primary aim of the draft oil and gas law (OGL) prepared by Adnan Janabi et al, is to negate the role of the Federal Government in oil and gas affairs. It is difficult to imagine that the people behind this draft OGL do think that it is in the national interest to make the Regions stronger, and the Center weaker, than they are now. If…
Month: October 2011
BR4 – New Timetable
New Updated timetable announced by PCLD – Ministry of Oil, as of October5, 2011 Deadline for Participants’ preliminary comments on Contract November 11, 2011 Workshop December 05 – 06, 2011 Final Participants’ comments on Contract December 23, 2011 Publication of the Final Tender Protocol and Definitive Contract January 27, 2012 Deadline for Payment of Participation Fees February 03, 2012 Submission of Bids March 07 – 08, 2012
Laith Al-Shaher
Laith Al-Shaher is the Director General of the legal department at the Iraqi oil ministry and one of the main negotiators of the South Gas Project with Royal/Dutch Shell and Mitsubishi. In a first for an oil ministry official, he spells out the main features of the deal in an interview with IOF editor Ruba Husari in Baghdad, as well as the nature of Basrah Gas Co, the first gas joint venture…
Oil & Gas Law
Reading through the interview, one gets impressed not only by the brilliant answers of Tariq Shafiq who is a firsthand expert in his field of oil industry and the founding father of the National Oil Company of Iraq, but also by the intelligent and well placed questions of Ruba Husari. The prudent answers of Mr. Shafiq stem from a thorough understanding, not only of the role of oil in the…