By Ahmed Mousa Jiyad.
Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.
The Empirical Aspects of the Extractive Industry Governance in Iraq
Extractive Industry Governance is one of the most critical components of the broad, good, democratic and inclusive governance, especially for the developing countries that are highly dependent on revenues generated from this industry; and also for those in a transitional post-conflict situation.
More relevant information and professional knowledge is vital for formulating and functioning of country specific extractive industry governance. For these purpose two issues has to be properly explored and understood: Analytical framework and basic premises of governance in the extractive industry, on one side and the reality of such governance within the socio-political setup of the specific country, on the other.
In Iraq, the parliament has, through its oversight and legislating authority, an important role as one of the important entities impacting the governance of the extractive industry in general and upstream petroleum in particular. For the parliamentarians to have an effective contribution in this arena they surely need to have the professional and knowledge capacity pertaining to the extractive industry to complement and support their constitutional authority and mandate.
Recently and for that purpose, Natural Resource Governance Institute (USA/UK) organized workshop on the “Role of Parliamentarians in the Extractive Industries Transparency Initiative (EITI)”. The workshop was attended by 27 Iraqi Parliamentarians and Parliament staff, was held in Beirut-Lebanon from 13 to 15 September 2015 and I was commissioned to research, prepare and present substantive issues for the event.
The first part of this intervention provides very brief review of the analytical framework, the main components and premises of extractive industry and related governance. The second part highlights related empirical aspects of governance in the Iraqi extractive industry with focus on the upstream petroleum. This part draws from data and analyses offered through four lengthy PowerPoint presentations I delivered before the workshop. This paper ends with evaluation and final words relevant to the Theory of Change in this regard.
Mr Jiyad is an independent development consultant, scholar and Associate with Centre for Global Energy Studies (CGES), London. He was formerly a senior economist with the Iraq National Oil Company and Iraq’s Ministry of Oil, Chief Expert for the Council of Ministers, Director at the Ministry of Trade, and International Specialist with UN organizations in Uganda, Sudan and Jordan. He is now based in Norway (Email: [email protected], Skype ID: Ahmed Mousa Jiyad).