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 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,…