Iraq No-Bid Non-Competitive Contracting Practice – Constitutional Background. By Tariq Shafik, Jabbar al-Waggaá and Ahmed Jiyad *

In Iraq different constitutional, co-operation and legal instruments govern contracts whether for projects or procurement. The constitution provides relevant provisions as guiding principles that have to be adhered to by all Iraqi entities. Also agreements concluded between Iraq and international entities comprise mandatory measures of direct relevance The Iraqi constitution h

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U.S. Oil Prices: Let the Good Times Roll? – The case for oil prices also depends on the value of the dollar. By Jim Harden*

Download PDF file A funny thing happened on the way to the euro. When it was first introduced to the global financial markets in 1999, the Euro began to appreciate in value compared to the U.S. dollar (USD). Around this time, West Texas Intermediate crude oil was trading below $20 a barrel. As the dollar lost value, oil began to rise. Is this a coincidence? The dollar began to

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Oil Reserves, Production, Service Contracts, and PSAs Comments on Shafiq’s ‘Iraq’s Oil Historical Perspective’ By Ali Merza*

Download PDF In recently published article, in Iraqi Economists Network, Shafiq (2013b), a respected oil expert, surveys and analyses histories, policy matters, critical issues, establishes parallels, and then reaches conclusions that reflect his deep knowledge and convictions. I do, by and large, share some of his views especially those relating to the oil & gas law, futu

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