Middle East Economic Survey

VOL. XLVIII

No 49

5-December-2005

IRAQ

Iraq To Lose Out Under Plans To Award PSAs After December Poll, Says Report

Iraqs government is set to adopt an oil policy in the wake of the December parliamentary elections that will allocate the majority of Iraqs oil reserves accounting for at least 64% of the countrys reserves for development by international oil companies (IOCs) under production-sharing agreements (PSAs), according to a report entitled Crude Designs The...