Middle East Economic Survey


No 31



Shahristani Raises Prospect Of Oil Deals With IOCs Ahead Of Hydrocarbon Law

Iraqs Oil Minister Husain al-Shahristani has raised the prospect that upstream joint ventures could be agreed with international oil companies (IOCs) even before a hydrocarbon law is approved by MPs, which is scheduled to happen by the end of the year. Speaking after a meeting with nine IOCs at the US Department of Energy, Dr Shahristani said that the ministry was...