Iraq: Yahia Said Discusses Oil Contracts and Legal Framework on PBS's "NewsHour"

Yahia Said speaks to Judy Woodruff of "Newshour."
In a June 30 interview, Revenue Watch Middle East North Africa Director Yahia Said explained the latest steps by Iraq to revitalize its oil sector through contracts with U.S. and foreign firms, and the continuing barriers to new hydrocarbon legislation.

"The Iraqis haven't agreed yet on two major issues," Said told Judy Woodruff of "NewsHour." "One is the division of power and responsibilities between the central government and the regions and the province over the industry, who controls the industry, who signs contracts, who manages the fields. The other area of disagreement is the level of engagement of the private sector, particularly the international oil companies. ... And this dialogue, unfortunately, hasn't taken place yet, in part because of the violence, in part because of inadequacies of the political process."

Watch video of the interview at PBS.org, or read a complete transcript ...

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