Iraq’s highest court strikes down INOC


Iraq’s highest court strikes down INOC

2022/09/22 | 03:42 - Source: Iraq Oil Report

(ThisDay | Iraq News Now)-

Iraq's Federal Supreme Court in a Nov.

13, 2018, hearing postponing a hearing on a lawsuit challenging a law reconstituting the national oil company.

(Source: Federal Supreme Court)

BAGHDAD - Iraq’s highest court has struck down the government order that created the Iraqi National Oil Company (INOC) two years ago, dealing a crippling setback to a nascent effort to restructure and streamline the country's oil sector.

In a 16-page ruling dated Sept.

21, a panel of Federal Supreme Court (FSC) judges headed by Jassim Mohammed Aboud said that Cabinet decisions relating to INOC’s establishment and leadership were “invalid” and ordered them to be annulled.

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