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This must be done before new contracts can be signed under the new Oil &
Gas Law (HCL), is what I’ve been told.
So the only logical conclusion IMO is that the Oil and Gas Law is or close to
being finalized and approved by the Iraqi parliament upon their return or why
else would this be going on?
When I ask him if he knew this to be the case he just said, it shouldn’t be
hard to draw your own conclusion from this!
With this very good news and the fact that the Economic Reform Law was approved
by Maliki and the CoM (Council of Ministers) and awaiting parliaments return,
this is gearing up to be one interesting few weeks IMO. Have a
great weekend. Stryker
…
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