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153. The five main types of risk companies take in oil and gas projects are explained in Greg Muttitt, "Nationalizing Risk, Privatizing Reward: The prospects for oil production contracts in Iraq", International Journal of Contemporary Iraqi Studies, vol.
1, no. 2 (September 2007), pp.
145-146.
154. For a discussion, see Greg Muttitt, "Investor Rights vs Human Rights: The implications of oil contracts in the Kurdistan Region of Iraq", Kurdish Human Rights Project Legal Review, no. 13, June 2008, pp.
58-60.
155. For a discussion of the controversy over PSCs, see Crisis Group Report, Iraq After the Surge II, op. cit., pp.
6-7.
...
Greg Muttitt, "Oil Privatisation by the back door", Niqash Analysis, 26 June 2006, at www.niqash.org.
...
161. Muttitt, "Investor Rights", op. cit.
"[T]he oil contracts are set to lock in this [Iraq´s] weak rights framework for their entire duration.
...
Muttitt has claimed, citing Iraqi experts such as Tariq Shafiq, that "a fully regionalised and therefore fragmented oil industry, on the lines suggested by the KRG, would be unable to function successfully at a technical level".