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Q&A: Ibrahim Bahralolom, MP and former oil minister

Following the passage of seminal legislation to resurrect the Iraq National Oil Company, one of the principal authors discusses how it will reshape the country's oil sector.
Ibrahim Bahralolom, who was Iraq's oil minister at the time, visits Tehran on July 16, 2005. (MORTEZA NIKOUBAZL/Reuters)

BAGHDAD - Former Oil Minister Ibrahim Bahralolom - now a member of the Parliament Oil and Energy Committee - is one of the architects behind a new law, passed on Monday, to re-establish the Iraq National Oil Company (INOC).

The law promises to restructure the country's oil sector, primarily by redefining the Oil Ministry as a policymaking and regulatory body, and by transferring operational authority over the exploration, production, and marketing of oil to INOC.

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