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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.
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.
This study provides a thorough-going review of every conceivable angle on Iraqi oil and gas law, from relevant provisions of the Iraqi Constitution of 2005; to legislative measures comprising the oil and gas framework law, the revenue sharing law, and the laws to reconstitute the Iraq National Oil Company and reorganize the Ministry of Oil; to ...
In a judgment of 15 February 2022, the Federal Supreme Court of Iraq decided to repeal the 2007 Oil and Gas Law of the Kurdistan Regional Government on constitutional grounds. The judgment can be regarded as politicized, and has enormous implications for the autonomy of the Kurdish Region and the federal discourse in Iraq.
Iraq to redraft national oil company law. A major initiative to restructure Iraq's oil sector appears to be on hold as the new government prepares to rework the legal foundation of the Iraqi National Oil Company.
This article aims to compare the legal frameworks, policies, and legislation in the oil sector in both Sudan and Azerbaijan, whichever has the ability to contribute to the development of the oil industry in a sustainable manner that meets the requirements of economic and social development.
the KRG would control one-quarter of Iraq’s discovered oil resources. With 45 billion barrels oil in place, it would control just 7% of resources. This is politically loaded, because Kurdistan is entitled to a 17% share of Iraqi oil revenues – a figure reflecting its share of the country’s population.