Iraq Prepares Ground for Future Contracts

14 June 2004 Iraq’s oil ministry is setting out on a process of preparing a new oil policy, as well as drafting model contracts and a petroleum law, to be approved later by the country’s elected bodies, Iraq’s new Oil Minister Thamer al-Ghadban said in an interview. The work aims to prepare Iraq for its political evolution, which should see the adoption of a new constitution in around 18 months,…