Iraqi, Kurdish officials to iron out oil law

Officials from Iraq’s central government and the Kurdistan region will meet this week to iron out last-minute disputes over a draft oil law that will decide control of the world’s third largest oil reserves.

Oil Minister Hussain al-Shahristani said last week the law would be ready for submission this week to parliament, and he expected lawmakers to make no major amendments.

But Kurdish energy officials have called the draft’s annexes unconstitutional, raising the prospect of more disagreements and delays that dogged the lengthy law-writing process.

ArabianBusiness