KRG Ministry of Natural Resources

Office of the KRG Spokesman 

Sunday 22 October 2006, Erbil, Kurdistan - Iraq (KRG) - The Kurdistan Regional Government (KRG) today published a draft of the petroleum law for Kurdistan. This draft will be forwarded to the Kurdistan National Assembly, the Region's parliament, for its consideration. The Minister for Natural Resources, Dr. Ashti Hawrami, today issued three press releases addressing different aspects of the law, including revenue management and the KRG policy on the Kirkuk oil fields. 

The draft has benefited from further comments and suggestions to the two previous published drafts. 

The Act is accompanied by a detailed Explanatory Memorandum. 

Submit any further comments to: spokesman(at)krg.org 

Link to press releases: 

- KRG Final Draft Petroleum Act 
- Revenue Management and KRG Draft Petroleum Act
- Kirkuk Oil and the KRG Final Draft Petroleum Act 

The Minister announces the completion of the draft Act, outlines the revenue management principles of the draft Act, and dispels some myths about Kirkuk. 

Download the draft Petroleum Act and Explanatory Memorandum here: 

- Draft Kurdistan Region Petroleum Act 
- Explanatory Memorandum