Kurdistan: solving the problem of the oil lies Profile enactment of a law establishing the oil and Revenue Authority

[yota691]

Kurdistan: solving the problem of the oil lies Profile enactment of a law establishing the oil and Revenue Authority

 

Editor Ghassan Hamid - Wednesday February 12, 2014 18:47

 

 

 

 

 

 

 

Alsumaria News / Erbil

Deputy for the Kurdistan Alliance, Wednesday, solving the problem of the oil lies in the file the enactment of the oil and the establishment of the federal income equitably among all of Iraq's provinces, with an oil expert pointed to the need for Iraq to manage the organization and modern legislation.
 

Alaterci said in an interview for "Alsumaria News", "oil is the property of all the Iraqi people away from politics," explaining that "some quarters in Baghdad use this file politically against the region and against some of the provinces, too."
 

He Alaterci that "the current year budget in 2014 based by 93.3% of the oil resources," calling at the same time everyone to "commitment to resolving the problem file oil through a political agreement between Baghdad and Erbil, at least on a temporary basis for the adoption of the budget that belong to all the Iraqi people."
 

Alaterci confirmed that "the solution to the problem lies in the oil View the enactment of the oil and the establishment of the federal income equitably among all the provinces and regions of Iraq."
 

For his part, said oil expert Bioar Khansa in an interview for "Alsumaria News", "The state relies 96% on oil resources," stressing "the need for Iraq to manage the organization and legislation fashionable able to regulate the sector and ensure that no waste of this source is important."
 

He Khansa that "by the year 2025 the world needs to 110 million barrels," pointing out that "the only candidate to save the world from the energy crisis is Iraq and Saudi Arabia in the coming years."
 

The Deputy Prime Minister for Energy Hussain al-Shahristani said, earlier today, Wednesday, that the delay in approving the law of oil and gas will not hinder the work of foreign companies in Iraq, calling for Canadian companies to benefit from the experiences of international companies in the country.
 

The draft law of oil and gas, sparked mixed reactions, most unit position of the Kurdistan Alliance and the Presidency of the Kurdistan region, while expected, Vice Chairman of the Commission on oil and energy parliamentary Ali Fayad, to carry the new project, which was approved by the government, the flexibility and wide receiver companies wishing to develop oil industry . 

 

[eburt]

Thanks Yota - Sounds like they are trying to get this resolve quickly - I hope they are able to get it DONE..

[MrOptimistic]

IMO, oil and budget deal will happen in March.
That's my optimistic opinion! 

Edited February 12, 2014 by MrOptimistic

[sailin12]

Another PR guy for oil. I still am figuring what " world powers " Iraq is trying to convince their importance

of oil will solve the continuing usage forever in this crazy age we live today.. One of these days the

' button ' will be pushed.....yea!!!!!!! go big RV !!!!!!!!!!!

[outlawclg]

What???  HCL will solve problems?  Why didn't they think of this before?  

Let's try it and see what happens.

[sandfly]

THANKS