Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

Abstract

Iraqi leaders continue to debate a package of hydrocarbon sector and revenue sharing legislation that would define the terms for the future management and development of the country's significant oil and natural gas resources. The package includes an oil and gas sector framework law and three supporting laws that would outline revenue sharing, restructure Iraq's Ministry of Oil, and create an Iraqi National Oil Company. Both the Bush Administration and Congress consider the passage of oil and gas sector framework and revenue sharing legislation as important benchmarks that would indicate the current Iraqi government's commitment to promoting political reconciliation and long term economic development in Iraq.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Oct 02, 2007
Accession Number
ADA473668

Entities

People

  • Christoper M. Blanchard

Organizations

  • Library of Congress

Tags

Communities of Interest

  • Energy and Power Technologies
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Agreements
  • Congress
  • Department Of Defense
  • Department Of State
  • Economic Development
  • Governments
  • International Organizations
  • Investments
  • Law
  • National Governments
  • National Politics
  • Natural Resources
  • Petroleum
  • Revenue Sharing
  • Trade Policy
  • United States
  • United States Government

Readers

  • Government and Public Administration Law.
  • Marine Ecotoxicology
  • Political Violence and Terrorism Studies.