Iraq Oil Benchmark Won't Be Met

July 20, 2007
Iraq Oil Benchmark Won't Be Met

A confidential intelligence report prepared for U.S. officials this week concludes a key U.S. benchmark of progress in Iraq, a law to divide oil revenues equitably among the provinces, "will not be agreed by September, even if cosmetic legislation is put in place."

An agreement on how to divide oil profits among Shiite, Sunni and Kurdish areas is one of 18 key benchmarks of progress to be reviewed by the U.S. in September.