On Wednesday 17 August 2011 the Iraqi parliament began the first reading of a new version of oil law proposed by the oil and energy committee-OGC of the parliament itself. The timing and the procedure of the debate created confusion and prompted significant walkout of many parliamentarians members of influential political groups. The debate was postponed until after Ramadan Eid, when the House convene again in 6th September.
Our Expert Blogger, Ahmed Mousa Jiyad, has prepared a detailed analysis of this new version of the oil law, and you can download it now by clicking here.
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. Jiyad is regular contributor to MEES publications. He is now based in Norway (Email: [email protected]).
The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.