Technical assessment of the INOC Law
A technical look into the young draft law to reestablish Iraq's national oil company.By AHMED MOUSA JIYAD
The Council of Ministers 28th July approved a draft law reinstating the Iraq National Oil Company (INOC), and decided to pass it on to the Parliament for enactment. Earlier, and during the February 2009 Symposium for Reviewing Iraq Oil Policy, held in Baghdad, a copy of a draft law re-establishing INOC was included in the Symposium folder. Both texts of the law still have the date 2007 written on them.
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