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download Download free PDF. View PDF chevron_right. In Iraq, a severe crisis has affected the country's primary infrastructure, through years of war and political turmoil. This has steadily been increasing the levels of stress throughout the economy and has contributed to poor political and social.
In a very surprising and sudden move it was announced that the “Opinion Board” (Hayaatul raay هيئة الرأي) of the Ministry of Oil-MoO discussed and approved the final version of the Federal Oil and Gas Law-FOGL at its meeting on Wednesday, February 24, 2021.
This law establishes the regime for the management of Petroleum Operations in the Republic of Iraq, taking into account the existing international treaties between the Republic of Iraq and other countries on Crude Oil transportation.
2 Ιουν 2021 · This article discusses the legal framework governing Iraq's oil and gas business, including the industry's constitutional provisions, investment rules, and the Draft Oil and Gas Law.
15 Ιαν 2007 · English Translation of the Draft Oil and Gas Law of the Iraqi Republic dated 15 January 2007
Second: The Oil and Gas Law is the most important law regulating the oil and Gas sector. The delay in its enactment led to governmental and federal contracts, and contracts concluded by the Kurdistan Regional Government having no strategic framework as mandated by the Constitution in articles (111 – 112).
Iraq’s valuable oil resources are related to the state’s ability to fund the building of hospitals, schools, roads and bridges and pay its policemen, soldiers, and teachers their salaries. The oil
