Political comments on the draft of the Iraqi oil law

What has been released in the past few weeks is no more then a component of the best-kept secret — the final draft of the “Iraqi Oil and Gas (Hydrocarbon) Law” dated 15 January 2007. The preliminary outline of the first draft started circulating in late 2003 during the Governing council period, to be followed by the concept of another draft oil law during Iyad Allawi’s regime and then to be followed by a third draft in 2005 and then the July 2006 draft which was circulating in the second part of 2006.

Finally the Iraqi Government allowed the leak of this latest draft, but it was surprising to find out that some key parts of the draft were still not available up to this date.

The key parts of the draft which have not yet been released are: read more

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