Those groups want regional control over oil production and revenues.
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BostonHerald.com - International: Law could help modernize Iraq oil sector
"The competition will be transparent and fair and companies will be chosen according to their modern technological capabilities to guarantee the highest benefits for Iraqis," al-Shahristani said at a news conference. "We will not consider their nationalities and we will ignore any contract doesn rsquo;t achieve the highest benefits."
He also cautioned that attacks against oil installations and employees were increasing, with 289 people killed over the past year and 179 wounded.
"The ministry is always suffering from these terrorist attacks. I call upon all honest people to cooperate with the oil ministry in order to find those who are attacking the employees of this sector and provide us with any related information," he said.
The oil minister stressed that all Iraqis will share in the profits amid concern by many Sunnis that they will lose out to the Shiites and Kurds who dominate the country rsquo;s two chief oil regions in southern and northern Iraq.
"The constitution states that oil and gas are for all Iraqis in all provinces and regions, and according to this conception we drafted this oil law to help promote Iraq rsquo;s unity and prosperity of its people," he said.
Last Thursday, the ministry rsquo;s spokesman Assem Jihad told The Associated Press the law would require that all oil revenues go to a central fund, then be distributed to Iraqis in every region and province according to population.
| Travis Roy | by news.bostonherald.com. All rights reserved. | 23.03 | 12:34 |
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