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Book Iraqi Oil and Revenues from its Sale

Download or read book Iraqi Oil and Revenues from its Sale written by Rex J. Zedalis and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The newly proposed Iraqi oil and gas legislation is currently making its way through Iraq's political process. The specific content of that legislation may be criticized for a variety of reasons. Nonetheless, while early Security Council resolutions addressing Iraq's oil and gas, and revenues from its sale, demonstrated extensive supervision over such by the international community beginning in the 1990s, more recent resolutions assign Iraq the kind of control that suggests its peoples are entitled to manage those resources and monies as they see fit. At the same time, the international community cannot ignore the importance of oil and gas to the economic well-being of Iraq, and the link between economic health and the survival of that country's nascent democracy. As a consequence, despite the fact that Security Council resolutions have seen fit to permit Iraqi authorities to resume autonomous control over that nation's hydrocarbons and the revenues produced by the sale of such, serious consideration should be given to the adoption of a new resolution, extending beyond the current 31 December 2007 date Iraq's protection against legal claims from existing and potential creditors.

Book Pipe Dreams

Download or read book Pipe Dreams written by Erin Banco and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A fascinating and revealing dive into the murky world of oil contracts that shape power and politics in Iraq." -- Loveday Morris, The Washington Post Jerusalem bureau chief Iraq sits on top of more than 140 billion barrels of oil, making it the owner of the world's fifth largest reserves. When the United States invaded in 2003, the Bush Administration promised that oil revenue would be used to rebuild and democratize the country. But fifteen years later, those dreams have been shattered. The Iraqi economy has flatlined, millions of people are internally displaced, and international institutions have had to provide billions of dollars in assistance to the country every year. Where did all the oil revenue go? Reporter Erin Banco traveled to oil-rich Iraqi Kurdistan--an autonomous region that holds, according to the regional government, some 45 billion barrels of crude--to uncover how widespread corruption, tribal cronyism, kickbacks to political parties, and the war with ISIS have contributed to the plundering of Iraq's oil wealth. The region's economy and political stability have been on the brink of collapse, and local people are suffering. Based on court documents and on exclusive interviews with sources who have investigated energy companies and their dealings with government officials, Pipe Dreams is a cautionary tale that reveals how the dream of an oil-financed, American-style democracy in Iraqi Kurdistan now looks like a completely unrealistic fantasy.

Book Iraq

    Book Details:
  • Author : Christopher M. Blanchard
  • Publisher : DIANE Publishing
  • Release : 2010-06
  • ISBN : 1437922066
  • Pages : 33 pages

Download or read book Iraq written by Christopher M. Blanchard and published by DIANE Publishing. This book was released on 2010-06 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development in Iraq¿s oil and natural gas sector is proceeding, in spite of continuing delays in agreeing to hydrocarbon sector and revenue sharing legislation to define new terms for the mgmt. of the country¿s significant oil and natural gas resources. Both the Bush Admin. and the 110th Congress considered the passage of oil and gas sector framework and revenue sharing legislation as important benchmarks that would indicate the Iraqi government¿s commitment to promoting political reconciliation and providing a solid foundation for long term economic development in Iraq. This report reviews policy proposals and interim contracts, analyzes the positions of various Iraqi political actors, and discusses potential implications for U.S. foreign policy goals in Iraq. Illus.

Book Claims against Iraqi Oil and Gas

Download or read book Claims against Iraqi Oil and Gas written by Rex J. Zedalis and published by Cambridge University Press. This book was released on 2010-06-14 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents the first comprehensive examination of the legal issues surrounding international debt recovery on claims against Iraqi oil and gas. In addition to presenting a snapshot view of Iraq's outstanding debt obligations and an analysis of the significance of the theory of odious debt in the context of the Iraqi situation, the list of legal issues examined includes relevant provisions of the Iraqi Constitution of 2005, controlling Security Council resolutions, pertinent articles of the KRG oil and gas law (No. 22) of 2007 and the many nuanced and technical questions raised thereby, legal pronouncements aimed at protecting Iraqi oil and gas and those adopted in selected other nations, and general problems associated with recognition and enforcement of awards or judgments that may involve such oil and gas or revenues from the sale thereof. Also discussed are the lessons learned by the handling of the Iraq debt experience and the transferability of those lessons to future situations.

Book The Legal Dimensions of Oil and Gas in Iraq

Download or read book The Legal Dimensions of Oil and Gas in Iraq written by Rex J. Zedalis and published by Cambridge University Press. This book was released on 2009-09-14 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first and only comprehensive examination of current and future legal principles designed to govern oil and gas activity in Iraq. This study provides a thorough-going review of every conceivable angle on Iraqi oil and gas law, from relevant provisions of the Iraqi Constitution of 2005; to legislative measures comprising the oil and gas framework law, the revenue sharing law, and the laws to reconstitute the Iraq National Oil Company and reorganize the Ministry of Oil; to the Kurdistan Regional Government's 2007 Oil and Gas Law No. (22) and its accompanying Model Production Sharing Contract; and to the apposite rules of international law distilled from both controlling UN resolutions addressing Iraq and more generally applicable principles of international law. This text is essential to the reading collection of every practitioner, business executive, government official, academic, public policy maven, and individual citizen with an interest in the details and controversial aspects of Iraqi energy law.

Book Iraq s Budget Surplus

Download or read book Iraq s Budget Surplus written by United States. Congress. House. Committee on the Budget and published by . This book was released on 2008 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Oil Revenues and Accelerated Growth

Download or read book Oil Revenues and Accelerated Growth written by Kadhim A. Al-Eyd and published by Greenwood. This book was released on 1979 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Iraq  Oil and Gas Legislation  Revenue Sharing  and U S  Policy

Download or read book Iraq Oil and Gas Legislation Revenue Sharing and U S Policy written by and published by . This book was released on 2007 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. A group of four proposed laws 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. In the absence of new legislation, revenue sharing mechanisms have been implemented and both the Iraqi national government and the Kurdistan Regional Government have signed oil and natural gas development contracts with foreign firms. The central importance of oil and gas revenue for the Iraqi economy is widely recognized by Iraqis, and most groups accept the need to create new legal and policy guidelines for the development of the country's oil and natural gas. However, Iraq's Council of Representatives (parliament) has not taken action to consider the proposed legislation to date because of ongoing political disputes. Iraqi critics and supporters of the proposed legislation differ strongly on a number of key issues, including the proper role and powers of federal and regional authorities in regulating oil and gas development; the terms and extent of potential foreign participation in the oil and gas sectors; and proposed formulas and mechanisms for equitably sharing oil and gas revenue. Concurrent, related discussions about the city of Kirkuk and proposed amendments to articles of Iraq's constitution that outline federal and regional oil and gas rights also are highly contentious.

Book The Transformation of Occupied Territory in International Law

Download or read book The Transformation of Occupied Territory in International Law written by Andrea Carcano and published by BRILL. This book was released on 2015-09-29 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume discusses the practice of transformative military occupation from the perspective of public international law through the prism of the occupation of Iraq and other cases of historical significance. It seeks to assess how international law should respond to measures undertaken in the pursuit of a given transformative project, whether or not supported by the Security Council. A monographic study tackling the bulk of the international law issues that emerge during and as a result of a transformative occupation, based on a comprehensive analysis of historical cases, applicable norms, and relevant facts. "With this thorough and thought provoking study, Andrea Carcano has put us all in his debt." From the foreword by Georges Abi-Saab, Emeritus Professor, Graduate Institute of International Studies and Development.

Book Restructuring and Re organization of the Iraqi Oil Ministry and State owned Oil Companies for Maximum Economic Growth and National Development

Download or read book Restructuring and Re organization of the Iraqi Oil Ministry and State owned Oil Companies for Maximum Economic Growth and National Development written by Muhammed Abed Mazeel and published by disserta Verlag. This book was released on 2012 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first steps towards restructuring and reorganizing the institutions and legislation of the Iraqi oil and gas industry must include taking ownership of resources, allocating acreages to Iraqi Kurdistan and neighbour states, improving the transparency as well as governmental participation and fiscal principles. It is important to provide an institutional framework that governs the operations of the industry, including its functions, structure, powers and funding. Operations in the upstream of the industry comprise licenses, leases and contracts. Other considerations covered are award processes, right of governmental participation, marginal fields, indigenous companies, termination and revocation of both licenses and leases, matters on fees, rents and royalties and, finally, provisions on Associated Natural Gas. The legislation in the downstream sector focuses on licensing, refining, marketing and pricing of oil products, transport logistics and facility management companies, pipelines and depots. The operating stocks and Iraq strategic stocks are also necessary. The needs of the downstream natural gas include both technical and commercial licensing regulations and conditions, as the network, gas supply licenses, transportation pipelines licenses and the whole sale market in addition to the possibility of third party access, customer protection, the pricing regime, public service obligations, competition and market regulation. The legislation is an amendment to the existing Iraqi Technical Service Contracts (TSC) and Production Sharing Contracts Agreements (PSC) in Iraqi Kurdistan based on the need to create a new fiscal framework that takes various compelling issues into consideration. It needs to capture the full gas value chain for taxation purposes in order to develop a fiscal regime for gas removed from oil and to create thereby a level playing field for all investors in gas and promoting the effective management of costs across the industry, which in turn will maximize the government's take. Other considerations revolve around the requirement to develop a fiscal system, which responds to changes in price, and to clarify inconsistencies or conflicts in the application of fiscal terms for oil and gas; and, finally, to develop a fiscal rule of general application based on a body of expected fiscal laws. Quality, health, safety and environment are missing elements in Iraq. During the restructuring and reorganization of the institutions the QHSE should take on a major role in working with the aforementioned departments in the Oil Ministry and the operating companies. The obligations of the state and international oil companies towards the state environmental regulations and public rules must be upheld according to the licensees, lessees and contractors considering matters of abandonment, decommissioning and disposal and their funding. The various actors in the oil and gas production are obligated towards various communities in the oil-producing region of the country, with supporting community development, providing employment opportunities, compensation, infrastructure, protection and management of the environment as essential components. The Ministry of Oil remains a civil service outfit that is ill-equipped to conceive and enact the required policies for such a complex and sophisticated industry. Hence, there is a strong need for principal and basic interaction between Federal Oil Ministry, existing directorial and state oil companies, Kurdistan Ministry of Energy and Natural Resources, and private sector operatives. This applies also to the reorganization and restructuring of Federal Oil Ministry, existing directorial and state oil companies, Iraqi National Oil Company and Iraqi National Gas Company.

Book Comprehensive Report of the Special Advisor to the DCI on Iraq s WMD

Download or read book Comprehensive Report of the Special Advisor to the DCI on Iraq s WMD written by Charles Duelfer and published by . This book was released on 2004 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report relays the findings of the Special Advisor to the Director of Central Intelligence on Iraq's Weapons of Mass Destruction.

Book Tower of Babble

Download or read book Tower of Babble written by Dore Gold and published by Forum Books. This book was released on 2004-11-09 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: A United Nations insider exposes how anti-American and antidemocratic forces have hijacked the UN and put America and its allies at risk Politicians and pundits are imploring the United States to give the UN a major role in American foreign policy. But as bestselling author Dore Gold reveals in Tower of Babble, it is absurd to look to the UN to fight aggression, combat terrorism, and preserve global order. The UN is an abject failure—a fatally flawed organization that has actually accelerated and spread global chaos. And it is dominated by anti-Western forces, dictatorships, state sponsors of terrorism, and America’s worst enemies. In his New York Times bestseller Hatred’s Kingdom, Gold blew the lid off Saudi support for terrorism, and now he uncovers an even more important story. As a former UN ambassador, he has a unique insider’s perspective on why the UN fails to address—or in many cases exacerbates—the very problems it was created to solve. He shows how President Franklin Roosevelt’s great vision has been corrupted beyond recognition. Using internal UN documents and classified cables, Gold presents stark evidence of how the UN ignores mass murder, emboldens terrorists, props up dictators, and otherwise betrays its mission to protect the world’s security. Tower of Babble reveals: • Why America can—and indeed must—go outside the UN to address the most serious threats to national security • How the UN jeopardizes the success of the war on terror—and how terrorist groups have actually penetrated UN organizations • How, in the space of a year, the UN turned a blind eye to two horrifying episodes of mass murder—and why the slaughters could have been prevented • How the oil-for-food scandal only hints at the UN’s repeated failures to deal with Saddam Hussein’s Iraq • How the UN’s new international criminal court threatens America’s sovereignty • How the UN’s startling record of failure has led Presidents Truman, Kennedy, Johnson, Clinton, and George W. Bush to bypass the UN Security Council As this hard-hitting book reveals, it is, quite simply, a myth that the United Nations is a positive force for world order or the “sole source of international legitimacy.” And unless the United States and its allies recognize this now, they will continue to put themselves at risk. "Dore Gold's book is informed and informative. It can be read with pleasure and profit by anyone with a genuine interest in the United Nations. I warmly recommend it."--Jeane J. Kirkpatrick, former Ambassador to the United Nations "For anyone wondering what's wrong with the United Nations, this is the book to read. Providing both a concise history and an urgent warning for our own time, Dore Gold in clear and lively detail explains how and why the UN too often promotes not peace, but problems--and what we can do about it."--Claudia Rosett, columnist, the Wall Street Journal's Opinionjournal.com "Dore Gold's Tower of Babble is bound to be one of the most controversial critiques in the public debate on the UN."--Henry Kissinger, Former Secretary of State

Book The United Nations Compensation Commission

Download or read book The United Nations Compensation Commission written by Lillich and published by Martinus Nijhoff Publishers. This book was released on 2023-09-20 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: This widely-used book covers the establishment, nature, operations, and contribution of the United Nations Compensation Commission (UNCC), emphasizing the work of the Iran-U.S. Claims Tribunal, disputes between Kuwait and Iraq, judicial due process, mass claims processing, and compensating victims of crimes of state. Published under the Transnational Publishers imprint.

Book Iraq

    Book Details:
  • Author : Anca Carrington
  • Publisher : Nova Publishers
  • Release : 2003
  • ISBN : 9781590332924
  • Pages : 218 pages

Download or read book Iraq written by Anca Carrington and published by Nova Publishers. This book was released on 2003 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Issues, Historical Background, Bibliography

Book Iraq s Burdens

Download or read book Iraq s Burdens written by Abbas Alnasrawi and published by Praeger. This book was released on 2002-11-30 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alnasrawi (economics, U. of Vermont) sketches the recent economic developments in Iraq, identifying the overriding importance of the oil sector and the economic sanctions imposed after the Gulf War as the twin burdens that together increase the suffering of the Iraqi people. He argues that the oil sector has been a driving force in the history and economy of the country and examines its development since the 1950s. He then explores the impact of the massive bombing campaign of the Gulf War in which the Americans utterly destroyed the infrastructure of the country. Finally the effects the sanctions have on Iraq's ability to rebuild its infrastructure are explored. Annotation copyrighted by Book News, Inc., Portland, OR.

Book U S  Policy Toward Iraq

    Book Details:
  • Author : United States. Congress. Senate. Committee on Armed Services
  • Publisher :
  • Release : 2002
  • ISBN :
  • Pages : 112 pages

Download or read book U S Policy Toward Iraq written by United States. Congress. Senate. Committee on Armed Services and published by . This book was released on 2002 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: