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The Iraq Oil Law, also referred to as the Iraq Hydrocarbon Law was a piece of legislation submitted to the Iraqi Council of Representatives in May 2007 that laid out a framework for the regulation and development of Iraq's oil fields.
This book is the first and only comprehensive examination of current and future legal principles designed to govern oil and gas activity in Iraq.
3 Νοε 2021 · As referenced above, Article 112 of the Constitution of Iraq requires the enactment of a law to regulate the oil and gas sector. To date, however, no such law has been enacted. In February 2007 ...
This study provides a thorough-going review of every conceivable angle on Iraqi oil and gas law, from rele-vant 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 ...
oil and gas law of iraq “A century ago, petroleum - what we call oil - was just an obscure commodity; today it is almost as vital to human existence as water.” -James Buchan (1954)
By placing article 111 at the centre of Iraq’s new oil law, with the backing of all major political actors, the new law places ownership over Iraq’s natural resources with all Iraqi citizens.
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.
