Middle East Economic Survey

VOL. XLVIII

No 25

20-June-2005

Iraq Fast Tracks Upstream Contract Talks With IOCs

Iraqs Oil Ministry is actively pursuing discussions with international oil companies (IOCs) with the intention of swiftly completing preliminary negotiations for upstream development and redevelopment contracts. This will enable the IOCs to move without delay to implementation once parliamentary approval and the countrys constitution are in place, according to newly-appointed...