Political Tensions Delay Iraq Oil Law

The current political tensions in Iraq are likely to delay the finalisation of a new hydrocarbon law for more than a year, according to Reuters.

“With these chronic political differences I can’t see any possibility of having an oil law this year,” said Adel Barwari, a Kurdish adviser to Maliki.

“If the [differences] were, say for example, 2 or 3 percent, I would say yes we could have a law, but the percentage is much higher.”

(Source: Reuters)

One Response to Political Tensions Delay Iraq Oil Law

  1. Re da Caste February 1, 2012 at 2:15 am #

    ….on the other side: http://thecurrencynewshound.com/2012/01/31/reuters-iraq-parliament-could-see-new-draft-oil-law-in-feb/#more-47128

    Is Reuters to trust?