Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy.

29 01 2010

URL: http://opencrs.com/document/RL34064. Source: Library of Congress.

This report notes that Iraqi leaders continue to debate a package of hydrocarbon sector and revenue sharing legislation that would define the terms for the future management and development of the country’s significant oil and natural gas resources. A group of four proposed laws includes an oil and gas sector framework law and three supporting laws that would outline revenue sharing, restructure Iraq’s Ministry of Oil, and create an Iraqi National Oil Company.

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