No 17



Advisory Board To Be Policy Planner/Overseer Of Iraqs Oil Sector

Iraqs oil policy in the post-war period will be formulated and directed by an Advisory Board that is in the process of being formed. The board will also determine projects and the budget, leaving the Oil Ministry and SOMO to handle day-to-day affairs. Establishing a legal framework for the resumption of oil exports is an issue that is tied up with consultations at the UN, with continuing splits...