Middle East Economic Survey
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...