Part of the debate – in the House of Lords at 1:32 pm on 22nd July 2008.

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Photo of Baroness Ashton of Upholland Baroness Ashton of Upholland President of the Council, Privy Council Office, Leader of the House of Lords and Lord President of the Council (Privy Council Office) 1:32 pm, 22nd July 2008

My Lords, I agree with the noble Lord. Yesterday—I cannot find them now—I was reading the precise details of Iraqi oil production and projections for the future. The noble Lord is completely right that this is an oil-rich state with huge reserves of oil and great potential—hence the question asked by the noble Lord, Lord Hylton, about hydrocarbons legislation, which is an important element of that. We must work closely to ensure that we provide the technical support necessary to enable Iraq to exploit its oil reserves appropriately.