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Bleak future for Iraqi oil law
- Iraq: Saturday, December 08 - 2007 at 15:13
Iraq's Oil Minister Hussain Al Shahristani has said 'irreconcilable' differences between various groups in the country's parliament will scupper any chance of the much delayed oil law being passed in the near future, reported Reuters. The law is seen as critical to attracting significant foreign investment into the country and a draft was drawn up in February. Al Shahristani also said Iraq was now exporting 2m barrels of oil per day.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, December 08 - 2007 at 15:13 UAE local time (GMT+4)
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