Author

Peter Jackson

Defense Date

4-1-2009

Graduation Date

2009

Availability

Immediate Access

Submission Type

thesis

Degree Name

MA

Department

Graduate Center for Social and Public Policy

School

McAnulty College and Graduate School of Liberal Arts

Committee Chair

Kent Moors

Committee Member

Moni McIntyre

Keywords

Iraq, Oil, Draft Law, Ownership

Abstract

The 2007 Draft Oil Law's parliamentary collapse demonstrates that Iraqi legislation must settle the issue of ownership prior to determining foreign investment rules. The draft law has been criticized by western academics for its economic benefits to international oil companies, but in Iraq the law has been rejected more for its ambiguities and its lack of specific ownership language, apart from four disputed, classified annexes listing classifications of oil fields. Rather than pass empty legislation and fill it up at a later point, Iraq must draft its oil revenue sharing laws, model contracts, and an oil ownership law in tandem with creating contract law to sell oil rights.

Format

PDF

Language

English

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