Oil Ministry calls for approval of oil and gas law to avoid disputes between the central government and the region

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Oil Ministry calls for approval of oil and gas law to avoid disputes between the central government and the region

Sunday, 23 January 1 / December 2012 16:54

{Baghdad, Euphrates News} Oil Ministry called the House of Representatives to speed up the adoption of the law of oil and gas in order to avoid differences occurring between the Government of the center and the province.

The spokesman said the oil ministry, Assem Jihad, in a press conference held in collaboration with the Center for fire eternal development and development of oil and aid organization people promotional attended by the correspondent Euphrates News Agency {} on Sunday that "Congress put a deliberate plan to discuss oil and gas law, on the grounds that this law the interest of the Iraqi citizen and we put an end to the personal interpretations issued by others regarding the drafting of the letter of the law "

Jihad said that "the law occurred it has a lot of amendments by Parliament representatives of the people has the right to discuss the law to develop a new formula that will get more financial revenues and avoid disputes occurring between the Government Center and the region on the topic of oil wealth and thus serve the Iraqi people"

"The oil ministry presented a new formula and suitable for this law has Msaddaguetha by the Council of Ministers, which in turn converts it to the House of Representatives, but so far does not have a parliament legislation of this law out law discreet aimed Legislators sound of the oil wealth"

For his part, said adviser to the oil and gas committee in parliament Jassem Fayyad Amery said "Everyone should recognize that the Iraqi government has succeeded to sign oil contracts with good international oil companies contributed to obtain revenue more financial," adding that "we have to deal with these companies commensurate with the interest of the ministry and how working with the oil wealth owned by the country "

It is noteworthy that there are political differences on the draft law notably the degree of participation provinces and regions in drawing oil policy'' and the formation of structural Federal Council for Oil and Gas and the position of the oil contracts concluded by the Federal Government under the licensing rounds to invest oil and gas fields and also the contracts concluded by the regions and preoccupation with parliament approving budget for fiscal 2013, according to experts. Ended 8 http://www.alforatnews.com/index.php?option=com_content&view=article&id=28474:2012-12-23-13-44-22&catid=37:2011-04-08-17-25-57&Itemid=57