Thursday, September 14, 2006
KRG publishes final draft of petroleum law
Kurdistan, Oil
The Kurdistan Regional Government (KRG) has published a final draft of the petroleum law for Kurdistan. The revisions in the draft published generally reflect the KRG's effort to describe in greater detail an appropriate co-operative arrangement on petroleum licensing, operation, and revenue sharing between the KRG and the federal government of Iraq. The revisions in the draft reflect, for the most part, the KRG's effort to describe in greater detail an appropriate co-operative arrangement on petroleum licencing, operation, and revenue sharing between the KRG and the federal government of Iraq.
The matters will be the subject of a KRG-convened conference in London in the near future.
