Financial Times FT.com

Iraqi oil law could be passed within a month

By Steve Negus, Iraq Correspondent

Published: May 3 2007 03:00 | Last updated: May 3 2007 03:00

Iraq's oil minister declared yesterday that a long-awaited draft law governing development of the world's second-largest oil reserves had been referred to parliament and could be passed within a month.

Hussein Shahristani did not specify, however, how a potentially divisive conflict with Kurdish regional officials over the control of oilfields had been resolved, and government pronouncements on the progress of the law have in the past proved premature.

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