REBUILDING IRAQ: Serious Challenges Impair Efforts to Restore Iraq's Oil Sector and Enact Hydrocarbon Legislation
Abstract
Rebuilding Iraqs oil sector is crucial to rebuilding Iraqs economy. For example, oil export revenues account for over half of Iraqs gross domestic product and over 90 percent of government revenues. This testimony addresses (1) the U.S. goals for Iraqs oil sector and progress in achieving these goals, (2) key challenges the U.S. government faces in helping Iraq restore its oil sector, and (3) efforts to enact and implement hydrocarbon legislation. This statement is based on our May 2007 report and updated data, where appropriate.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 18, 2007
- Accession Number
- AD1106396
Entities
Organizations
- United States Government Accountability Office