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)
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