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Oil and energy parliamentary rule out the adoption of the "oil and gas" law in the current session


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07/05/2017 (00:01 pm)   -   Number of readings: 420   -   Issue (3916)
 
 
National Oil Company Law is disabled in the House of Representatives strongly harassment



 Baghdad / Zahraa Al-Jassem 
 

Is subject to the adoption of the law of the National Oil Company Mnacfat political consensus, the situation in that if oil and gas law , which was still on the drawers of the House of Representatives until the present day, or is it the fact that the company will contribute to the lifting of the burden on the Ministry of Oil is different, and be the executive arm capable of achieving programs required in this sector , which depends upon Iraq as a resource economist and almost single? 
The Committee on Energy parliamentary , which includes members of various political blocs with all their differences and Tjazbadtha that often hinder the adoption of the most important laws, says its president, a member of the Kurdistan Alliance, Areia Abdullah in an interview (term) The National Oil Company Law is currently in the House of Representatives, and the committee "keen to speed approval", but it is due to confirm that the law needs a thorough study through discussion in the Commission, and is subsequently approved by the parliament, adding that, there are significant changes will take place on it because a lot of disputed points, and add to his studies in the oil and energy Committee Parliament The vessels , there will be workshops to discuss it in depth to be achieved in the final outcome of the law meets all the requirements of the oil sector and can be approved in an integrated manner. 
On the other hand, wishes the Energy Committee member of the Parliamentary Ibrahim Bahr al- Ulum, in an interview (range), to meet the draft Iraqi oil company Iraqi ambitions after this long wait, noting that, the energy commission until the arrival of the law of the House of Representatives, in turn , reviewed the law and its development as which it deems appropriate in cooperation with the Ministry of oil, experts and civil society organizations. 
Sea of Science, which is also a member of the citizen bloc says: Actually, what we aspire to form a national oil company , is to create an umbrella to accommodate all the activities of extractive and marketing for the oil sector, and owns the company 's administrative and financial autonomy to manage their affairs, and should also be the executive arm capable to achieve the required programs in this important and vital sector, stressing that there should be a separation between the policies laid down by the Ministry of oil and the implementation of which is handled by the national oil company, so I hope that the law formula commensurate with these objectives. 
The Cabinet had voted on 14 March 2017, the draft law of the Iraqi National Oil Company, referred to the House of Representatives. 
Ministry spokesman Assem Jihad , Oil, confirms in an interview (range), the oil ministry has prepared a project to resume the work of national company law , which froze, where it was referred to the Council of Ministers , which referred it to the parliament for discussion may be subject to additions according to the vision of the legislative body in this context , so the ministry aims to achieve high flexibility to deal with my investment and development , and others, through a national oil company , its board of directors shall be by the ministry 's supervision, so the presence of the company gives flexibility in the development of processes to raise efficiency and performance and the ability to re - work a greater capacity, and be similar to companies In terms of global engagement in the framework of development, investment and international relations and marketing operations. 
He adds Jihad, the Oil Ministry has also prepared and completed a bill for another company , a national gas company to be competent in the gas, because the tasks and responsibilities of the distribution of the national oil companies will facilitate the development and investment in the extraction sectors, filter, gas and serves the energy in all aspects of industry, the Ministry has also prepared laws several other, as a law special liquidation and the law of special gas and another special national oil company, which was sent to the Council of Ministers and submitted it to the parliament recently, noting that, these sectors when it works it must work in the field of specialist, as the ministry through these laws and Tf Yale oil companies, aims to help to push the development process forward and to contribute to the high presence of flexibility in the investment process in this sector. 
And where away oil expert Hamza jeweler in his analysis placed the activation bill the National Oil Company for other views, also seen in a recent (range) that harassment on the National Company Law began the Council of Ministers, as the Oil Ministry has prepared a new integrated law for the company, but the Council of Ministers preferred to return to the old law No. 123 of 1967, continuing by saying: the postponement is the other not only because of political harassment , whether in the cabinet or outside, it was the same way in which the postponement of approval of oil and gas law due to the political consensus. 
And it confirms the jeweler that the restoration of the national company of oil, it must have been some time ago, the fact that its presence regulates the working relationships between these companies better and be the executive arm of the Ministry of Oil for the mining industry, because it rests on the shoulders of the Ministry of Oil now, the burden of many , both in respect to the extractive industry or refineries or gas industry and collected and processed and then its distribution and production of gas and liquid pipelines and oil tanks and ports of export, and the ministry relieve these burdens them through the creation of companies, one of which is the national oil company to produce oil, company national gas for the production of gas and evil Of refineries, to control better on its development and production, as well as the establishment of a company for pipes and led by the ministry , which is reflected on the ministry 's performance better, because they produce small amounts and with these developments , both the work of refineries or other systems, has become a very big burden and greater than the capacity of a much so You must acknowledge these laws.

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Come on you guys, it's 2017 for goodness sakes! You've got to operate in the 21st century to do business with the big boys around the world.  It's all about streamlining, efficiency, coordinating, and putting on your BIG BOY PANTS!!!  CHANGE IS GOOD! 

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Good morning Yota- and thank you for bringing this article over (along with the other ones during the past several days - and for your relentless efforts.)

 

Hopefully there's more to this article behind the scenes, and that it somehow connects and correlates with the articles in the thread started by Thugs several hours ago regarding the CBI initiative and plan through 2020. 

Go RV - and go May 2017!!!

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Kinda like politics here in the good ole USA, you gotta drain the swamp before you can get anything passed. The corruption is still to widespread to get the HCL passed, Kurdistan needs new elections to vote out the crooks holding their part of the HCL up an Iraq needs to jail a few more of their thieves...Eventually you will get enough people (notice I didn't say honest) that will want to see their country move forward an start passing some really important laws.

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WheresmyRV and DoD- I completely agree with your comments and observations regarding Iraqi  politics and corruption. I think back to an article written by an Iraqi official posted last summer who said everyone in Iraq was corrupt - even him!

 

Since then, however, vast progress has been made to digitize the flow of money, identify and freeze the assets of those who stole and hid over $550 Billion dollars in US accounts, recent additional public accusations against Maliki, along with the closure of illegal oil wells with the changing of flow-meters to better identify theft. Essentially, from my view, change is taking place in the way things are getting and are going to get done in Iraq. The IMF and WB along with the international relief and aid from multiple countries to help with the post-dashole recovery in Baghdad and throughout Iraq are all putting pressure on those in charge to change their illegitimate ways.

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14 minutes ago, Half Crazy Runner said:

the law needs a thorough study through discussion in the Commission,

 

How many years has this been dragging on ...? 

At least a decade . . . Now they're going to do yet another thorough study on this. At this point all I have is CONTEMPT for these fools.

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All the gurus and such can't deny that the longest prophecy in history still plays out from Daniel which basically says there will always be fighting and disagreement in the Middle East. That oversimplifies it but don't get too excited that they will sing cum ba ya together

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3 hours ago, 10 YEARS LATER said:

At least a decade . . . Now they're going to do yet another thorough study on this. At this point all I have is CONTEMPT for these fools.

Yeah well the Republicans had 7 years to come up with a healthcare plan to repeal and replace that Obomination of an HCA and they weren't ready when the time came. So it is not so unbelievable these guys who are a fledgling democracy can't put one foot in front of the other to get this HCL done. 

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2 hours ago, keylime said:

Yeah well the Republicans had 7 years to come up with a healthcare plan to repeal and replace that Obomination of an HCA and they weren't ready when the time came. So it is not so unbelievable these guys who are a fledgling democracy can't put one foot in front of the other to get this HCL done. 

But while all that was going on you still had a tradeable currency... The people of Iraq have zilch ...

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As long as Maliki is in the background, pushing his party agenda and the GOI idiots are skimming money where they can, the HCL will never get passed. Just my opinion. But there are a host of articles in the past year stating basically 'important laws are held up because they don't have votes to pass them". They don't like the law that was stripped bare and passed in 2007, but they won't put forward an alternative that will pass the votes. There's always a reason not to do it. The Kurds, ISIS, a national census, price of oil. They put it to committee after committee. But you can count on them talking big about it once in a while, take a vacation, talk big about it again. With elections coming April 2018 you can count on that as another excuse to do nothing. Which they are REALLY good at. Fools.

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This is hard to take. I started buying dinar in 2010 and was buying their excuses for seven

years now. I dont know about you guys but i have not bought or sold any in four years. At one

time they had almost 80 billion dollars in reserve. Thats down to about 49 billion even with debt

fogiveness and financial support from many many countries. Talk about a black hole. They will

never change. no hcl  no rv

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13 hours ago, yota691 said:

Is subject to the adoption of the law of the National Oil Company Mnacfat political consensus, the situation in that if oil and gas law , which was still on the drawers of the House of Representatives until the present day, or is it the fact that the company will contribute to the lifting of the burden on the Ministry of Oil is different, and be the executive arm capable of achieving programs required in this sector , which depends upon Iraq as a resource economist and almost single? 

Yota Thanks,  DV,  The GOI have sent the law to the House Of Representatives and I strongly believe that once "Liberation of Mosul" is announced by PM Abadi all of the dominoes will fall from that point in our favor IMHO.   The National Alliance is also calling for passing the "National Oil Company" & "Oil & Gas Law" as well so I am very optimistic that this will be done in due time.  We have nothing but positive news articles out of Iraq so rest assure this will happen in the very near term.

 

GO Liberation Of Mosul

 

GO HCL

 

GO RV / RI

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20 minutes ago, Donziman said:

This is hard to take. I started buying dinar in 2010 and was buying their excuses for seven

years now. I dont know about you guys but i have not bought or sold any in four years. At one

time they had almost 80 billion dollars in reserve. Thats down to about 49 billion even with debt

fogiveness and financial support from many many countries. Talk about a black hole. They will

never change. no hcl  no rv

 

if it wasn't for shabibi and his macro economic policies iraq wouldn't even have that. Maliki tried to rob the cbi reserves twice unsuccessfully thanks to shabs, He finally had to flee or be imprisoned , maliki installed his own yeser boy Turkey to get at the reservers that was quickly shut down then here we are with Keywords just kinda doing what he's told imo no policies were really changed from what shabibi set forth ... reserves are down cause oil is all they have for revenue to run the country and yup maliki and his corruptness stole the big dollars when oil was over a hundred bucks a barrel , still hopeful they will trade with the world and my speculation can end ... peace    

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This is obviously a hot topic and for lots of reasons and emotions. Many of those investing in IQD are 'day to day' in regards to financial and other forms of survival. 

 

However, despite the past, no matter how you look at it, change - for the better - is taking placr in Iraq. As some have said,  stop the money and change will occur. Since Trunp's been in office, vast amounts exceeding the $550 billion found and frozen in U.S. accounts has been removed from the circle of corruption. At some point, we will all get a look at what Makiki's home that can support 30 million people (as quoted by Shanibi) Looks like; perhaps Maliki will swing from inside of it in his final days. 

 

The he reasons and excuses for Iraq to postpone an RV in favor of corruption  are being eliminated as we speak. KPMG is a legitimate worldwide 'Big 4' accounting and auditing group and the forensic analyses that has yet to become public knowledge since 2003 is sure to be vast and have left a massive footprint. These corrupt players are being forced by the IMF, WB, and other international groups agencies and countries, and it's my belief (and very very strong hope, perception and desire) that the country of Iraq knows it has to finally function at the standards of the rest of the civilized world and get along with each other as they now have to earn, and not steal, it's way to economic freedom and independence. 

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3 minutes ago, presence said:

This is obviously a hot topic and for lots of reasons and emotions. Many of those investing in IQD are 'day to day' in regards to financial and other forms of survival. 

 

However, despite the past, no matter how you look at it, change - for the better - is taking placr in Iraq. As some have said,  stop the money and change will occur. Since Trunp's been in office, vast amounts exceeding the $550 billion found and frozen in U.S. accounts has been removed from the circle of corruption. At some point, we will all get a look at what Makiki's home that can support 30 million people (as quoted by Shanibi) Looks like; perhaps Maliki will swing from inside of it in his final days. 

 

The he reasons and excuses for Iraq to postpone an RV in favor of corruption  are being eliminated as we speak. KPMG is a legitimate worldwide 'Big 4' accounting and auditing group and the forensic analyses that has yet to become public knowledge since 2003 is sure to be vast and have left a massive footprint. These corrupt players are being forced by the IMF, WB, and other international groups agencies and countries, and it's my belief (and very very strong hope, perception and desire) that the country of Iraq knows it has to finally function at the standards of the rest of the civilized world and get along with each other as they now have to earn, and not steal, it's way to economic freedom and independence. 

presence Thanks,  Very well stated Iraq is being forced to comply and get their act together if they wish to join the International Stage.   We are witnessing some major positive changes and progress currently ongoing that have never been done in the ME let alone Iraq.   This will all play out and Iraq will be the Powerhouse in the ME hands down.   We await a few more items to be done then we are off to the races IMHO.

 

GO Liberation of Mosul

 

GO HCL

 

GO RV / RI

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Even with all the corruption in parliament I keep asking myself why did they postpone their break. Why did Jubouri extend this session of parliament another 30 days? I haven't read one article that states what law their wanting to pass. Could it be the HCL or maybe a new street paving law...I guess we will find out in a few weeks...

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10 hours ago, Donziman said:

This is hard to take. I started buying dinar in 2010 and was buying their excuses for seven

years now. I dont know about you guys but i have not bought or sold any in four years. At one

time they had almost 80 billion dollars in reserve. Thats down to about 49 billion even with debt

fogiveness and financial support from many many countries. Talk about a black hole. They will

never change. no hcl  no rv

So how long have you been investing in your 401k?

12 minutes ago, DoD said:

Even with all the corruption in parliament I keep asking myself why did they postpone their break. Why did Jubouri extend this session of parliament another 30 days? I haven't read one article that states what law their wanting to pass. Could it be the HCL or maybe a new street paving law...I guess we will find out in a few weeks...

EXACTLY:moneybag:

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  • yota691 changed the title to Cabinet pulls 3 oil and gas from the parliament-related laws

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