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That this House notes that Iraq's economy is heavily dependent on oil and that decisions about the future of Iraq's oil industry will have a major bearing on that country; further notes that the constitution of Iraq states that oil and gas are owned by all the people of Iraq; expresses concern that the British Government, in its involvement in the drafting of Iraq's new oil laws, has sought the views of international oil companies regarding the possible types of contracts that the Iraqi government should offer; believes that decisions on the Iraqi oil industry should be made by the Iraqi people without outside interference; and calls on the Government to disclose to the House all representations it has made in relation to the oil law.
That this House notes that Iraq's economy is heavily dependent on oil and that decisions about the future of Iraq's oil industry will have a major bearing on that country; further notes that the constitution of Iraq states that oil and gas are owned by all the people of Iraq;...