New Iraqi Oil Law (Translated into English by Raed Jarrar)
Preamble
CHAPTER I: Fundamental Provisions
ARTICLE 1: Ownership of Petroleum Resources
ARTICLE 2:Scope of Application
ARTICLE 3 :Purpose
ARTICLE 4 :Definitions
CHAPTER II: Management of Petroleum Resources
ARTICLE 5 :Competence Of Authorities
ARTICLE 6: Creating the National Iraqi Oil Company
ARTICLE 7: Re-Arranging the ministry of oil
ARTICLE 8: Oil Fields’ development and production
ARTICLE 9: Grant of Rights
ARTICLE 10: Mechanisms of negotiations and contracting
ARTICLE 11:Oil revenue
ARTICLE 12: Participation of the State
CHAPTER III: UPSTREAM OPERATIONS
ARTICLE 13 :Exploration and Production Contract
ARTICLE 14: obligations of the Holders of Exploration and Production right
ARTICLE 15: building local expertise
ARTICLE 16: Unitisation
ARTICLE 17: Conservation
ARTICLE 18: Access to Main Pipelines and Field Pipelines
ARTICLE 19: Ownership of Data
ARTICLE 20: Restrictions on Production Levels
CHAPTER IV: Transportation
ARTICLE 21: Main Pipelines
ARTICLE 22: Rights and Obligations regarding Pipelines
CHAPTER V: Natural Gas
ARTICLE 23: investment of Gas
ARTICLE 24: Associated Gas
ARTICLE 25: Flaring of Natural Gas
ARTICLE 26: Non-Associated Gas
CHAPTER VI: Regulatory Matters
ARTICLE 27: Regulations for Petroleum Operations
ARTICLE 28: Use and Benefit of Land and Rights of Way
ARTICLE 29: Access to Zones Subject to Maritime Jurisdiction
ARTICLE 30: Inspection
ARTICLE 31: Environmental Protection and Safety
ARTICLE 32: Transfer of Ownership and Decommissioning
CHAPTER VII: Fiscal Regime
ARTICLE 33: General Principles of Taxation
ARTICLE 34: Royalty
ARTICLE 35: Other Taxation Issues
CHAPTER VIII: Miscellaneous Provisions
ARTICLE 36: Transparency
ARTICLE 37: implementing anti-corruption laws
ARTICLE 38: attracting competitive participation
ARTICLE 39: Existing Contracts
ARTICLE 40: Resolution of Disputes
ARTICLE 41: Relationship to Existing Legislation
ARTICLE 42: Entry in Force
http://www.afterdowningstreet.org/node/19017
Originally Posted by BIG WAVE
