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Context of '(July 26, 2006): Iraq Oil Minister Says Drafting of New Oil Law Underway'

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Iraqi oil minister Ibrahim Bahr al-Ulum tells the Financial Times that Iraq is preparing plans for the privatization of the country’s oil sector. He says he supports the “full privatization of downstream installations, such as refineries, but [says] he would back production-sharing contracts upstream,” the newspaper reports. He adds that US, possibly European, oil companies will be given priority. But he also says the decision will not be made until Iraq has an elected government. “The new elected government at the end of the transitional period will decide this issue,” he tells the Times. “The Iraqi oil sector needs privatization, but it’s a cultural issue,” he explains. “People lived for the last 30 to 40 years with this idea of nationalism.” Al-Ulum—a US-trained petroleum engineer who lived in London from 1992 until the overthrow of Hussein—was part of a working group organized by the State Department’s Future of Iraq Project before the invasion (see December 20-21, 2002). [Financial Times, 9/5/2003]

Entity Tags: Ibrahim Bahr al-Ulum

Timeline Tags: Events Leading to Iraq Invasion, Iraq under US Occupation

Iraq’s new oil minister, Hussein al-Shahristani, says that Iraq will need international assistance and billions of dollars in investment to develop its oil sector. “There is need to pass an oil and gas law to guarantee the right conditions for international companies to help develop the Iraqi oil sector,” he says. [Dow Jones Newswires, 5/23/2006]

Entity Tags: Hussein al-Shahristani

Timeline Tags: Iraq under US Occupation

US Energy Secretary Samuel Bodman, on a visit to Baghdad, refers to the drafting of a new oil that is underway and says it is important that the Iraqi Parliament—which apparently is not involved in the drafting process—pass it soon. [Time, 2/28/2007] Iraq needs to “pass a new law, a new hydrocarbon law under which international companies will be able to make investments in Iraq,” he says. Opening up Iraq’s oil industry will help Iraq realize “its very considerable potential with the benefit of investments from the international community.” He adds that Prime Minister Nuri al-Maliki, along with the oil and electricity ministers, are “optimistic of passing that law by the parliament and they hope to pass such a law by end of this calendar year.” He says that US oil companies won’t consider investing in Iraq’s oil sector until “first there is security and second there is a hydrocarbon law that will delineate the rules of the road.” [Agence France-Presse, 7/18/2006]

Entity Tags: Nouri al-Maliki, Samuel W. Bodman

Timeline Tags: Iraq under US Occupation

Iraqi Oil Minister Hussein al-Shahristani tells the Financial Times that the drafting of a new oil law is underway and that Iraq’s parliament will hopefully pass it “by the end of the year.” He says the law “will open the door for the international companies to come and work in Iraq, and develop our new fields…. We have many, many fields that are waiting for development, (and) some of them are giant fields.” [Financial Times, 7/27/2007] Iraq’s legislators are apparently not involved in the drafting of the law. [Time, 2/28/2007]

Entity Tags: Hussein al-Shahristani

Timeline Tags: Iraq under US Occupation

The Iraqi Centre for Strategic Studies hosts a conference in Amman, Jordan attended by prominent Iraqi parliamentarians, politicians, ex-ministers, and oil technocrats. At the conference, attendees urge Iraqi legislators to reject the proposed oil law (see February 15, 2007), saying that it will only further divide the country. Mohammed Bashar al-Faidhi, spokesman of the Association of Muslim’ Scholars, says: “We call on members of the parliament to reject this law. This critical draft law would revive foreign companies’ control on Iraqi oil wealth that Iraq had gotten rid of years ago.” Saleh al-Mutlak, head of the National Dialogue party, similarly states: “Iraqis are suspicious that if the law is passed at this critical time that Iraq is passing through, they would think it would be passed in order to serve the interest of foreign companies. This law would also further divide the Iraqi people because most of them would oppose it.” Issam al-Chalabi, former Iraqi oil minister during the government of Saddam Hussein, notes that prominent Iraqi oil experts were not permitted participate in the drafting of the law and that it has never been reported on by the media so Iraqis are unaware of its implications. “Enough time should be given to draft the law before submitting it to the parliament for approval,” al-Chalabi says. [Dow Jones Newswires, 3/10/2007]

Entity Tags: Saleh al-Mutlak, Issam al-Chalabi, Mohammed Bashar al-Faidhi, Iraqi Centre for Strategic Studies

Timeline Tags: Iraq under US Occupation

On June 4, oil workers in Basra go on strike, shutting down a number of oil and gas pipelines. They want better working conditions, pay, land for homes, lower fuel prices, and a role in the drafting of the controversial oil law (see January 16, 2007). [General Union of Oil Employees in Basra, 6/4/2007] Hasan Jum`ah `Awwad al-Asadi, president of the Iraqi Federation of Oil Unions, which represents more than 26,000 workers, says the union is against the oil law because it will give foreign companies too much control over Iraq’s oil. “First of all, we are against the production sharing agreements,” Awad told United Press International several days earlier. [United Press International, 5/24/2007] In response, Prime Minister Nouri al-Maliki orders the arrest of Awwad and other union leaders on June 6 for “sabotaging the economy” and sends Iraqi troops to surround the strikers. [United Press International, 6/6/2007] Soon after, a delegation sent by Maliki agrees to form a government committee to address the workers’ complaints about labor conditions, wages, and the oil law. The two sides come to a tentative agreement and on June 11, the strike is called off. [United Press International, 6/11/2007]

Entity Tags: General Union of Oil Employees in Basra, Hasan Jum`ah `Awwad al-Asadi, Nouri al-Maliki

Timeline Tags: Iraq under US Occupation

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