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May 20, 2007: Iraqi Vice President Says Proposed Oil Law Gives Too Many Concessions to Oil Companies.

Iraqi Vice President Tariq al-Hashemi says he opposes the oil law (see February 15, 2007) because it gives too many concessions to foreign oil companies. “We disagree with the production sharing agreement,” he tells reporters attending an international conference in Jordan that is hosted by the Geneva-based World Economic Forum. “We want foreign oil companies, and we have to lure them into Iraq to learn from their expertise and acquire their technology, but we shouldn’t give them big privileges,” he explains. [Associated Press, 5/21/2007]

Entity Tags: Tariq al-Hashemi

Timeline Tags: Iraq under US Occupation

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