Fnu Lnu   [Post 1 of 2……]

  [Response to Pimpy’s HCL non-revenue sharing post from 3-31-2024 below]  The notion of revenue-sharing is nothing new in the Middle East.  Bruni and Kuwait both do it…Revenue Watch Middle East Director Yahia Said recently returned from several months in Iraq working on the International Compact with the UN…This USIPeace Briefing summarizes the discussion.  Many Iraqi citizens look to the law for what it can contribute to reconciliation, security, and welfare. The three parts of the agreement will deal with the issues of 1) revenue sharing; 2) restructuring of the ministry of oil; and 3) establishing the Iraqi National Oil Company (INOC).