Iraq alters oil law draft to erode Kurdish powers

September 23, 2011 at 4:40 pm | Posted in Turkmens | Leave a comment
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EXCLUSIVE-Iraq alters oil law draft to erode Kurdish powers

Fri Sep 23, 2011

*Draft law to give Baghdad more control over oil

*Kurds promise political battle

* Law would create Iraqi National Oil Co.

By Ahmed Rasheed

BAGHDAD,
Sept 23 (Reuters) – Iraq’s leadership has changed the draft of a long awaited
oil and gas law in a way that would give central government more control over
the country’s vast crude reserves and provoke a clash with the semi-autonomous
Kurdistan region.

The law, a copy of which was obtained by Reuters, would give Baghdad more power to
manage and develop the OPEC member’s petroleum resources, the world’s fourth
largest.

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