Middle East Economic Survey

VOL. L

No 8

19-Feb-2007

Third Draft Of Iraq Hydrocarbon Law Fails To Meet Basic Objectives, Says Shafiq

The latest third draft of Iraqs Hydrocarbon Law includes material changes from the original document that weaken the original checks and balances that were designed to ensure accountability and transparency and as a result fail to meet the basic objectives of the law: to optimize the exploitation of oil and gas in Iraq, maximizing returns and uniting the country,...