Middle East Economic Survey


No 29



Iraq Establishes Supreme Oil And Gas Council

MEES learns that the Interim Government in Iraq has decided on the formation of a Supreme Oil and Gas Council (SOGC) to regulate and manage the countrys hydrocarbon sector. One of the functions of the new council will be to approve contracts and agreements with foreign companies. MEES understands that the SOGC will be headed by Iraqs prime minister, while chaired by the deputy premier. Its...