Kurds support new oil law, a key benchmark
Agreement to share oil wealth could open economy to new investments
Updated: 5:36 p.m. AKT Feb 24, 2007
SULAIMANIYAH, Iraq - Kurdish authorities have agreed to back a draft law to manage and share Iraq’s vast oil wealth, removing the last major obstacle to approving the measure and meeting a key U.S. benchmark in Iraq, a top Kurdish official said Saturday.
Approval of a new oil law could help open the way for international oil companies to invest billions to upgrade Iraq’s decrepit wells and pipelines and exploit the country’s reserves, among the world’s largest.
The bill also provides a formula for distributing revenues among all major ethnic and religious groups, easing Sunni fears of being cut out of a future bonanza because their central and western homelands lack extensive reserves.
Aye!!
Captain Jack Sparrow says you need a couple more hits on the bong!! Look at the date on your log!! If you post old information, don't claim it as new or you will end up with Davy Jones. Do you think if you tell a lie long enough people will believe it?
No RV this Sunday, you and Rolls Royce are all wet from walking the plank.
Captain Jack Sparrow
Please visit our sponsors
Results 1 to 10 of 1039
Threaded View
-
26-05-2007, 02:57 AM #11
- Join Date
- Dec 2006
- Posts
- 3
- Feedback Score
- 0
- Thanks
- 0
- Thanked 0 Times in 0 Posts
Last edited by Captain Jack Sparrow; 26-05-2007 at 03:01 AM.
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
24 Hour Gold
Advertising
- Over 20.000 UNIQUE Daily!
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.