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CNN. Broadcasting From An Iraqi Revival Tent On The Outskirts Of Baghdad ! (by walkingstick) Iraq revives 'national oil company' to end the dispute with the Kurds Baghdad: The company must be owned by the people by giving every citizen shares the N inheritable. All provinces have rights in the company in proportion to its population Baghdad announced Iraqi Oil Minister Adel Abdul Mahdi, the parliament and the government agree to the revival of the national oil company, which was abolished in the eighties of the twentieth century, with expanded to include oil and gas, in a move aimed at reaching a solution to the crisis between the federal government and the province of northern Iraq relating to the mechanism of the export of oil. Abdul-Mahdi said in a symposium held by his ministry Saturday, at the headquarters of Oil Cultural Center in central Baghdad, "There is a parliamentary government agreement on the revival of the national oil company, and be expanded to exercise its functions relating to the production of oil and gas." The minister pointed out that "the company must be owned by the Iraqi people, through the stock system that gives each Iraqi citizen shares in the company N inheritable," adding that "the experience of the establishment of oil companies in the provinces achieved great success by increasing production." He continued that "all the provinces will have the rights in the company according to population ratio." National Oil Company was founded in the sixties of the twentieth century, and in the eighties canceled the decision of the former Iraqi regime during the Iran-Iraq war. In turn, MP Mohammad Kaveh member of the Commission on oil and energy parliamentary Saturday said that the Iraqi parliament will begin in the next legislative term, to discuss the legal oil and gas, and the national oil company, to regulate the relationship between the federal government and local governments and regions on oil wealth. He said Kaveh said that "oil and gas legal legislation and the national oil company, will have an important role in ending the existing differences between the federal government and the government of the territory of northern Iraq on oil export mechanism," adding that "members of the National Oil Company will be representatives from all the provinces, including the northern region Iraq". And honest Iraqi Council of Ministers on 2 December / December 2014 on the oil agreement between the governments in Baghdad and Erbil, which ensures that the territory of northern Iraq to hand over at least 250 thousand barrels of oil a day to the federal government for the purpose of export, the export of 300 thousand barrels per day of by the federal province of Kirkuk fields of government through oil pipeline in the territory of the north. But the oil agreement was stopped once and for all the summer of 2015, the region began to export its oil independently of the federal government in Baghdad, which in turn decided to stop paying the region's share of the federal budget amounting to 17% because of what it considered "a breach of the agreement the region's oil." http://www.middle-east-online.com/?id=216892
