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 Kurdistan Regional Government puts forward draft petroleum law for discussion

 Source : Kurdistan Regional Government
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Kurdistan Regional Government puts forward draft petroleum law for discussion 7.8.2006 
Office of KRG Spokesman Khaled Salih

 



Erbil, Kurdistan-Iraq, -- Monday 7 August, - Iraq (KRG) – Within the rights set out in the Iraqi constitution, the Kurdistan Regional Government today circulated for discussion the first draft of a new proposed petroleum law.

The proposed law covers anti-corruption provisions, conduct of petroleum operations, local participation, resolution of disputes and penalty provisions. The draft law is supported by a proposed model production sharing agreement.

KRG Spokesman Khaled Salih’s office would like to draw your attention to the following draft documents, for discussion purposes. The Kurdistan Regional Government invites readers to comment on these proposals. Please submit your comments to spokesman at www.krg.org 

A Proposed Petroleum Act for the Kurdistan Region in Iraq (PDF file)

A Proposed Model Production Sharing Contract (PDF file)

An explanatory memorandum on the first two documents (PDF file)

Krg org 

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