Iraq: Luaibi opposed to setting up a national oil companynote

Iraqi Oil Minister Abdul-Kareem Luaibi is said to be opposed to setting up a national oil company in the country, contrary to the position of Iraqi PM Nouri Al-Maliki and most Shiite parliamentary blocs. The following 460-word report sheds more light on Luaibi’s opposition and tells how he is approaching the matter. It also tells what about the reaction of the Iraqi Shiite Marjaiya and that of the Kurds.