The Iraqi council of ministers has finally given its final stamp of approval today for the first gas deal of its kind in Iraq’s energy history based on the agreement initialized on July 12 between Royal Dutch Shell, Mitsubishi and South Gas Co, to capture and process flared gas in southern Iraq. This deal would put Iraq on the global gas map, something long due in view of the country’s…
Tag: oil law
Oil & Gas Law – Documents
Iraq Oil and Gas Law – Feb 2007 Draft Draft O&G Law – Oil & Energy Committee Version 2011 (Arabic) Draft O&G Law – Government Version 2011 (Arabic)
2nd Bid Round Results
In response to Mr. I Chalabi’s comments, with all due respect I disagree with his remarks for the following reasons: There is certainly warranted rush to award all the fields included in both rounds, and more to come; a wider perspective on the role of oil in Iraq’s future is being lost. After years of misrule and total bad management coupled with the effects of sanctions, and the post-2003 violence,…
Baghdad, Kurds Quarrel Over Oil Claims
29 September 2006 Officials in Baghdad and the northern Kurdish government locked horns this week over the Kurds’ claimed right to award production sharing contracts to foreign oil companies. The spat prompted a Kurdish threat to break away from Iraq, in a development that bodes ill for the country’s future unity. The quarrel centered on whether the Iraqi oil ministry in Baghdad should have a say in how — and…