Middle East Economic Survey

VOL. XLVII

No 46

15-November-2004

IRAQ

Garraf Contract Draft Provides Model For Iraqi Service Contracts

The current debate over the types and validity of oil and gas development contracts available to Iraq often overlooks the fact that the Iraqi authorities under the previous regime prepared a number of draft contracts, including development and production (MEES, 13 October 2003), service, and modified buyback contracts, which could act – with some...