Middle East Economic Survey


No 31



Iraqi Cabinet Approves National Oil Company Law

The Iraqi cabinet on 28 July approved a new law providing for the establishment of a national oil company, government spokesman'Ali al-Dabbagh has announced. The law will now be sent to the Iraqi parliament for approval. However, Mr Dabbagh said the law was tied with the pending national hydrocarbon law, which has been delayed for some time due to disputes among the countrys various political...