Progress on two key oil laws

Iraq's long-delayed laws to govern the oil sector and restart the national oil company will receive hearings next week.
Progress on two key oil laws
Deputy Prime Minister for Energy Affairs Hussain al-Shahristani (L) and Adnan Janabi (R), the chairman of Parliament's oil and energy committee, give a press conference in Baghdad. Shahristani's energy committee in the Cabinet is taking up the long-stalled hydrocarbon framework law, while Janabi's committee is pushing legislation that would reconstitute the Iraqi National Oil Company. (BEN VAN HEUVELEN/Iraq Oil Report)

BAGHDAD - Two laws that would dramatically alter the contentious landscape of Iraq's oil sector – and potentially de-politicize its operations – will be taken up by two committees next week.

Parliament's Oil and Energy Committee is scheduled to debate a law to reconstitute the Iraqi National Oil Company (INOC), and the Cabinet's Energy Committee – led by Hussain al-Shahristani, the ex-oil minister, current deputy prime minister for energy affairs, and key ally of Prime Minister Nouri al-Maliki – will take up the oil and gas law.

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