Implications of the IEA Iraq Energy Outlook

Therefore, as a matter of urgency and necessity there is a need to prepare and have in place functional, effective and comprehensive “Good, Democratic and Transparent Governance System” on both cash flows: investment requirements and cost of development, which according to the Ministry of Oil are taking unreasonably higher trend; and export revenues, which depends primarily on export volumes and oil prices. This has to be done through specific institutional arrangements and legal/constitutional frameworks.

Also there should be coherent and harmonious systemic linkages between the NES and NDP commensurate with the principle of using petroleum for the “best interest of the Iraqi people” as enshrined in the current constitution.

As a short background I have contributed to this timely and comprehensive IEA Special Report on Iraq Energy Outlook by participating in the related workshops, as one of its peer reviewers and through follow-up direct communications with IEA Team members.

I was also privileged to receive kind invitations from the Office of the Deputy PM, Dr. Shahristani, to attend the Ceremony of launching the Report in Baghdad, 10th Oct, and from Mr. Alistair Burt, the British Minister of Middle East, to attend the UK launch of the Report, which took place at the Foreign and Commonwealth Office (FCO) on 16th October.Regretfully, I was unable to attend both occasions due to previous commitments.

Ahmed Mousa Jiyad,

Iraq/ Development Consultancy & Research,

Norway.

19 Oct 2012

Mou-jiya@online.no

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: mou-jiya@online.no).

Comments are closed.