Middle East Economic Survey


No 42


Remarks On Iraq's Hydrocarbon Law

By Hussein Abd Allah

Dr Abd Allah is an energy economics consultant, based in Cairo, and formerly Senior Undersecretary at the Egyptian Ministry of Petroleum.

The ratification of the hydrocarbon law in Iraq would constitute a part of the effort to promote reconciliation among the countrys religious and ethnic groups. Moreover, since oil provides 90% of Iraqs government budget, the recovery of the countrys oil...