My giddy Aunt Folkiedave, do you ever read anything!!

Article 9 - Grant of Rights (Fourth Point)

All model contracts shall be formulated to honour the following objectives and criteria:
1. NATIONAL CONTROL;
2. OWNERSHIP OF RESOURCES;

I believe that you have spent your life in the field of education Folkiedave, hope it wasn't maths, because, if you enter into a business relationship and have a 40% stake, I believe that the other partner HAS CONTROL of the business - TRUE???

Now then Folkiedave what did Article 1 say again:

Article 1 - Ownership of Petroleum Resources

Oil and gas are owned by all the people of Iraq in all the regions and Governorates.