Exclusive: Iraq’s two oil laws

Iraq Oil Report publishes the full English texts of the two competing oil laws drafted by the Cabinet and the Parliament.
Exclusive: Iraq’s two oil laws
Hussain al-Shahristani (left), the deputy prime minister for energy and former oil minister, gives a press conference with Adnan al-Janabi, the chairman of the Parliament's oil and energy committee, in February 2011. The two men have spearheaded two competing versions of a law that would give definitive structure to Iraq's oil sector. (BEN VAN HEUVELEN/Iraq Oil Report)

Over the past five years, the single most controversial piece of Iraqi legislation has been a bill governing the oil sector.It would lead to a reorganization of the oil sector and, depending on the quality of the bill itself, could lead Iraq toward a more modern and technically sound strategy for oil development and revenue management. But the draft laws – there have been many versions over the years – have been beset by the tribulations of politics. The Iraqi Constitution, ratif...

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