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Parliamentary energy is discussing with the ministry the resolution of the oil and gas laws


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  • yota691 changed the title to The President of the Republic approves the law of the Iraqi National Oil Company
Release date: 2018/3/25 12:53 • 75 times read
The President of the Republic approves the law of the Iraqi National Oil Company
(Baghdad: Al-Furat News) The Information Office of the Presidency of the Republic announced that President Fuad Masoum Sadiq on Sunday, the law of the Iraqi National Oil Company.
A statement issued by the presidential office received the agency {Euphrates News} a copy of it, "This law, which was voted by the House of Representatives earlier, on the basis of the provisions of item {I} of Article {61} and Article (III) of Article {73} of the Constitution" .
He added that the law "for the purpose of ensuring the exploration, development, production and marketing of oil resources in the fields and land allocated to them under the law on behalf of the Iraqi state and to increase production and development of oil and gas industry and related facilities and facilities and methods of work on the basis of efficiency, flexibility and competitiveness to maximize revenues for the benefit of the Iraqi people, Which requires the formation of the Iraqi National Oil Company as a public company wholly owned by the state and reflects the concept of ownership of the people of oil and gas and the development of specialized formations within its organizational structure commensurate with its role in the management and development Oil and gas fields produced and discovered to promote the oil and gas industry and the development of various other energy sectors in Iraq. " 
The statement added that "this law was sent for publication in the Official Gazette"
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Sunday, March 25,
 
 
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Alsumaria News / Baghdad 
The Information Office of the Presidency of the Republic, Sunday, the approval of President Fuad Masum, the law of the Iraqi National Oil Company. 

The office said in a statement received by Alsumaria News, a copy of it, that "President Fuad Masum Sadiq on Sunday, (March 25, 2018), the law of the Iraqi National Oil Company."

The Bureau explained that "this law, which was voted by the House of Representatives earlier, based on the provisions of item (I) of Article (61) and Article (III) of Article (73) of the Constitution, was initiated for the purpose of ensuring the exploration, development, production and marketing of oil resources in the fields And the land allocated to it under the law on behalf of the Iraqi state and to increase the production and development of oil and gas industry and related facilities and facilities and methods of work on the basis of efficiency, flexibility and competitiveness to maximize revenues for the benefit of the Iraqi people and in accordance with recognized international standards, which requires the formation of the Iraqi National Oil Company as a public company Which is owned by the state and reflects the concept of ownership of the people of oil and gas and the development of specialized formations within its organizational structure commensurate with its role in the management and development of oil and gas fields produced and discovered to promote the oil and gas industry and development of various other energy sectors in Iraq.

 

 

 

 


The office also noted that "this law was sent for publication in the Official Gazette." 

The Iraqi parliament voted on March 5, 2018, on the proposal of the law of the National Oil Company, at a time counting deputies to vote on this law, "a great achievement and the preservation of wealth."

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The President of the Republic approves the law of the Iraqi National Oil Company

 

 Since 2018-03-25 at 13:08 (Baghdad time)

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Baghdad Mawazine News

President of the Republic Fuad Masum on Sunday approved the law of the Iraqi National Oil Company.

"The President of the Republic Fuad Masoum Sadiq today, the law of the Iraqi National Oil Company," the presidential press office said in a statement received by Mawazine News.

The statement added that "this law, which was voted by the House of Representatives earlier, based on the provisions of item (I) of Article (61) and Article (III) of Article (73) of the Constitution, was initiated for the purpose of ensuring the exploration, development, The fields and land allocated to it under the law on behalf of the Iraqi state and to increase the production and development of the oil and gas industry and related facilities and facilities and methods of work on the basis of efficiency, flexibility and competitiveness to maximize revenues for the benefit of the Iraqi people and in accordance with recognized international standards, which requires the formation of the Iraqi National Oil Company as a public company Which is owned by the state and reflects the concept of ownership of the people of oil and gas and the development of specialized formations within its organizational structure commensurate with its role in the management and development of oil and gas fields produced and discovered to promote the oil and gas industry and develop other energy sectors in Iraq.

He pointed out that "this law was sent for publication in the Official Gazette"

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 energy


Economy News _ Baghdad

The President of the Republic, Fouad Masoum, Sunday, the law of the Iraqi National Oil Company. 
The media office of the Presidency of the Republic, in a statement received by "Economy News", "The President of the Republic, Dr. Fuad Masum, on Sunday, the law of the Iraqi National Oil Company." 
He explained that "this law, which was voted by the House of Representatives earlier, based on the provisions of item (I) of Article (61) and Article (III) of Article (73) of the Constitution, was initiated for the purpose of ensuring the exploration, development, production and marketing of oil resources in fields and land Assigned to it by law on behalf of the Iraqi State. " 
He added that the law comes to "increase production and development of oil and gas industry and related facilities and facilities and working methods on the basis of efficiency, flexibility and competitiveness to maximize revenues for the benefit of the Iraqi people, and in accordance with recognized international standards."
Noting that the matter "requires the formation of the Iraqi National Oil Company as a public company wholly owned by the state and reflect the concept of ownership of the people of oil and gas and the development of specialized formations within its organizational structure commensurate with its role in the management and development of oil and gas fields produced and discovered to promote the oil and gas industry."


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The President of the Republic approves the law of the Iraqi National Oil Company

25/03/2018

(Independent) .. The Information Office of the Presidency of the Republic that President Fuad Masoum Sadiq on Sunday, 25/3/2018, the law of the Iraqi National Oil Company.

 The Bureau explained that this law, which was voted by the House of Representatives earlier, on the basis of the provisions of item (I) of Article (61) and Article (III) of Article (73) of the Constitution, was initiated for the purpose of ensuring the exploration, development, production and marketing of oil resources in fields and land And to increase the production and development of the oil and gas industry and related facilities and facilities and methods of work on the basis of efficiency, flexibility and competitiveness to maximize revenues for the benefit of the Iraqi people, and in accordance with recognized international standards, which requires the formation of the Iraqi National Oil Company as a public company Which is owned by the state and reflects the concept of ownership of the people of oil and gas and the development of specialized formations within its organizational structure commensurate with its role in the management and development of oil and gas fields produced and discovered to promote the oil and gas industry and the development of various other energy sectors in Iraq.

The office also noted that this law was sent for publication in the Official Gazette.

 

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25-03-2018 02:35 PM
image.php?token=a3a0a2f7aceff6ad41549703e44ded57&size=
 


 

 

The Information Office of the Presidency of the Republic, on Sunday, the approval of President Fuad Masum on the law of the Iraqi National Oil Company. 

"This law, which was voted by the Chamber of Deputies earlier, on the basis of the provisions of Article (61) of Article (61) and Article III of Article (73) of the Constitution, was initiated for the purpose of ensuring the exploration, development, production and marketing of oil resources In the fields and territories assigned to it by law on behalf of the Iraqi State '.

The statement added that the law aims at "increasing the production and development of the oil and gas industry, facilities and related establishments and working methods on the basis of efficiency, flexibility and competitiveness to maximize revenues for the benefit of the Iraqi people and in accordance with internationally recognized standards. The people of oil and gas and the development of specialized formations within the organizational structure commensurate with its role in the management and development of oil and gas fields produced and discovered to promote the oil and gas industry and the development of various other energy sectors in Iraq, Indicating that 'this law was sent for publication in the Official Gazette'.

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3 minutes ago, Integrativedoc said:

Not. Oil and Gas was on the agenda for the Tuesday meeting then wasn't listed in the last articles. Hopefully it is there just not being flaunted so as to maybe quietly get voted on.

 

It sounds to me that it just got passed.  What else would there be to vote on?

The money has been divided between the providence’s  and the oil headquarters has been established.  I say it’s done.  

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2 minutes ago, gregp said:

 

It sounds to me that it just got passed.  What else would there be to vote on?

The money has been divided between the providence’s  and the oil headquarters has been established.  I say it’s done.  

The actual Oil and Gas law awaiting vote in Parliament is what Adam has been referencing for years. This is the National Oil Company which may have been a stepping stone necessary for Tuesday's vote if the Oil and Gas is still on the agenda.

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4 minutes ago, Integrativedoc said:

The actual Oil and Gas law awaiting vote in Parliament is what Adam has been referencing for years. This is the National Oil Company which may have been a stepping stone necessary for Tuesday's vote if the Oil and Gas is still on the agenda.

 

I totally agree with you, but, there’s a dang good chance they slipped the HCL under the radar, by incorporating  the HCL laws into the National Oil Company Law.  

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3 minutes ago, gregp said:

 

I totally agree with you, but, there’s a dang good chance they slipped the HCL under the radar, by incorporating  the HCL laws into the National Oil Company Law.  

Done, or not done??? Either way, i beleive this is gonnna be an exciting week!!!!! :))

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7 minutes ago, Mxmann said:

Done, or not done??? Either way, i beleive this is gonnna be an exciting week!!!!! :))

 

This week will be the greatest exchange  opportunity we’ve ever had, or the biggest disappointment.

 

9 minutes ago, Integrativedoc said:

I hope you're right! Covert process may be the only way for these goons to accomplish ANYTHING!

 

Agreed!!

 

Edited by gregp
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3 hours ago, yota691 said:

Good Morning Chris, Nannab and all of DV..Sure is amazing News....Hope everyone has a Bless Day..

 

A super Sunday out to you Yota, and, sure do appreciate all your doing for us here. We are in exciting times indeed. :rodeo2:

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  • yota691 changed the title to Officially .. Ratification of the law of the Iraqi National Oil Company

Officially .. Ratification of the law of the Iraqi National Oil Company

25-03-2018 03:35 PM
Readers
image.php?token=71b049d4d65796785c4fa15ee663a3ad&size=
 

Baghdad News -

 

 

President of the Republic Fuad Masoum, today ratified the law of the Iraqi National Oil Company, "the presidential press office said Sunday.

The Bureau explained that "this law, which was voted by the House of Representatives earlier, based on the provisions of item (I) of Article (61) and Article (III) of Article (73) of the Constitution, was initiated for the purpose of ensuring the exploration, development, The fields and land allocated to it under the law on behalf of the Iraqi state and to increase the production and development of the oil and gas industry and related facilities and facilities and working methods on the basis of efficiency, flexibility and competitiveness to maximize revenues for the benefit of the Iraqi people and in accordance with recognized international standards. A nation fully owned by the state and reflect the concept of ownership of the people of oil and gas and the development of specialized formations within its organizational structure commensurate with its role in the management and development of oil and gas fields produced and discovered to promote the oil and gas industry and the development of various other energy sectors in Iraq, "noting that"

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  • yota691 changed the title to Parliamentary energy is discussing with the ministry the resolution of the oil and gas laws
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