Iraq Cabinet gives its oil law the green light

In a late Ramadan meeting, Iraq's Council of Ministers approve a draft oil and gas law, warning Parliament against all competing versions.
Iraq Cabinet gives its oil law the green light
Iraqi Deputy Prime Minister for Energy Affairs Hussain al-Shahristani (left) discusses policy with the Parliament Oil and Energy Committee on Feb. 22. At right is the committee's chairperson, Adnan Janabi. (BEN VAN HEUVELEN/Iraq Oil Report)

The Iraqi Cabinet approved a draft oil and gas law and warned Parliament to scrap its rival draft, setting the stage for a showdown over competing interests in governing the oil sector.Earlier this month, frustrated with government inaction, Parliament's Oil and Energy Committee pushed forward a version of a draft law. Parliamentarians even began giving it a first reading, but they lost quorum when several MPs, led by those loyal to Prime Minister Nouri al-Maliki, walked out of the session, ...

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