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Message Subject Iraq an economic Study
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Iraq Oil-The Forum: Q&A with Iraq Oil Minister Abdul Karim Luaybi on Status of HCL
Posted: December 10, 2011 in Iraqi Dinar/Politics
Tags: Baghdad, Barham Salih, ExxonMobil, Iraq, Iraqi Kurdistan, KRG, kurdistan, Kurdistan Regional government
By Ruba Husari

Iraqi Oil Minister Abdul Karim Luaybi gives the latest on the draft Oil & Gas Law (OGL) and the state of the dispute with Exxon Mobil over its signed contract with the Kurdistan Regional Government (KRG) in an interview with Iraq Oil Forum editor Ruba Husari in Baghdad.

Q: You were expected to meet with the KRG’s Minister of Natural Resources Ashti Hawrami to agree a draft Oil & Gas Law (OGL) – or Hydrocarbon Law – based on the 2007 draft, that is acceptable to both sides before the end of the year. Have you met?

A: No we have not. The issue goes beyond the OGL law. I expressed my point of view during the meetings with KRG’s PM Dr Barham Salih as well as with Dr Hawrami here in Baghdad, which is that the oil industry is different from all other industries and other sectors.

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