Page added on May 9, 2007
Most of Iraq’s oil production and all of its exports are likely to stop Thursday as its oil union threatens to strike in protest of the draft oil law.
“The central government must be in total ownership and complete control of production and the export of oil,” said Imad Abdul-Hussain, federation deputy chair of the Iraq Federation of Oil Unions, in a statement released Tuesday. The union represents more than 26,000 workers. The law governing investment and development of Iraq’s 115 billion barrels of proven oil reserves and 110 trillion cubic feet of natural gas is still stalled in negotiations between the central government and the Kurdistan Regional Government.
EarthTimes
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