Published online by Cambridge University Press: 07 December 2009
With the understanding supplied by the two opening chapters of the factual background and the basic constitutional provisions affecting Iraqi oil and gas activity, we proceed to a description and analysis of the fundamental legislative measures that also affect that activity. Although it is no doubt accurate to stress the significance of what the Iraqi Constitution of 2005 has to say about the nation's petroleum resources, as is the case with most constitutional documents, it is cast as a foundational instrument and therefore covers a vast diversity of subjects with only the barest of detail. On the matter of oil and gas, the breadth of the general principles set forth in the Constitution purport to be elaborated, fleshed out, and supplemented by four specific legislative measures. An exploration of the nature, peculiarities, and potential problems presented by these four measures forms the core of the chapters appearing in Part Two. It should be observed, however, that one of the legislative measures has a counterpart legal adoption that has been implemented and actually utilized by the Kurdistan Regional Government (KRG) to enter into oil and gas development agreements with several international oil and gas companies. And, because both this latter KRG measure and that put forward by the central government in Baghdad speak of the promulgation of model forms of development agreements, one of the chapters in Part Two examines such model forms of contract so as to establish a degree of awareness with basic contractual instruments, an awareness useful to those requiring familiarity with standard terms and provisions of oil and gas development agreements.
To save this book to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.