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


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Al-Ghadhban: We are going to form the National Oil Company and we aspire to two others for liquidation and gas

 

 

BAGHDAD / MESSALA: Oil Minister Thamir al-Ghadhban confirmed Sunday (February 24, 2019) that he will continue to work for the formation of the national oil company, as well as the establishment of two companies for liquidation and gas.

Al-Ghadhban said in a press statement: "We and Prime Minister Adel Abdul-Mahdi are in the process of forming the National Oil Company and we have several options for this. The first is that the House of Representatives repeats the company's draft law or the cabinet is preparing a new text for the company. "He said.

"The formation of the company is committed to it and it will not reduce the size of the Ministry of Oil being concerned with the organization of policies and strategies and the representation of Iraq abroad, either the national company is an executive" revealing "as we want to form a national company for liquidation and other national gas.

He pointed out that "the ministry remains the head of oil management, which should be preoccupied with regulation, policies, legislation, supervision and others, and absolutely do not carry out commercial activity or the operation of Entebbe as activities that turn to oil companies.

Edited by 6ly410
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  • yota691 changed the title to Al-Ghadhban: We are going to form the National Oil Company and we aspire to two others for liquidation and gas
Editorial date: 2019/2/24 21:33  282 times read
Al-Ghadhban: We are going to form the National Oil Company and we aspire to two others for liquidation and gas
(Baghdad: Al-Furat News) Oil Minister Thamir al-Ghadhban said on Sunday that work to form a national oil company, as well as the establishment of two companies for liquidation and gas.
Al-Ghadhban said in a press statement: "We and Prime Minister Adel Abdul-Mahdi are in the process of forming the National Oil Company and we have several options for this. The first is that the House of Representatives repeats the company's draft law or the cabinet is preparing a new text for the company. "He said. 
"The formation of the company is committed to it and it will not reduce the size of the Ministry of Oil being concerned with the organization of policies and strategies and the representation of Iraq abroad, either the national company is an executive" revealing "as we want to form a national company for liquidation and other national gas. 
He pointed out that "the ministry remains the head of the oil department, which should be preoccupied with organization, policies, legislation and supervision and others and absolutely do not carry out commercial activity nor the operationalization of the Entity as activities that belong to the oil companies.
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Maybe now that this has been ruled on, and these so called representatives of the people, who sought to steal from them under the guise of making Iraq rich, instead trying to make themselves rich, have been pimp slapped back to reality by the Federal Court who saw through this charade, hopefully, they will quickly form their National Oil Company and finish the HCL for the people.  Hopefully.

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Iraq oil minister bent on forming state firm, more gas and refinery projects

By Rudaw 3 hours ago
An Iraqi flag flies in front of excess gas as its being burnt off in at an oil refinery in the Zubair oil field southwest of Basra, Iraq. File photo: Haidar Mohammed Ali | AFP
ERBIL, Kurdistan Region – Iraq’s Ministry of Oil is committed to forming the Iraqi National Oil Company (INOC) to operate Iraq’s oil fields and to capture gas flares for electricity generation – despite earlier constitutional concerns.

Thamer al-Ghadhban, Iraq’s minister of oil, was hosted by state media al-Iraqiyah to talk about Iraq’s oil industry. The minister discussed institutional and bureaucratic reform in the ministry.

The ministry is determined to establish the INOC, he said. 

“We are moving ahead with forming the Iraqi national oil company,” the minister told the news channel.

The national oil company was Ghadhban’s brainchild, hatched in the post-2003 period after the fall of Saddam Hussein. After delays and setbacks, he is keen to revive the project.

Ghadhban said he supervised the writing of the draft bill of the national oil company, and it was about to be ratified in 2003, but dropped. A second attempt in 2007 saw a committee formed to examine the issue, but again it fell by the wayside.

“It never saw light, just like the Oil and Gas Law,” he said.

At the end of his term in power, former Iraqi PM Haider al-Abadi established the INOC, headed by his oil minister Jabbar al-Luaibi. However, several MPs in the Baghdad parliament objected.

Many thought the move was designed to allow Abadi to retain influence over the future of Iraqi oil by installing a loyal man such as Luaibi to head the company and strip the new Iraqi PM Adil Abdul-Mahdi of power over crucial sectors.

Eventually, the new parliament and government formally abolished it. 

“The bill’s content wasn’t good. It had issues. One of the issues, as I observed then, is that the writing changed the company’s [role] from that of operating to that of ownership [of oil],” he said.

Under Iraq’s constitution, oil belongs to the Iraqi people. An interpretation that appears to hand oil resources to a company throws up constitutional problems.  

The resurrection of the INOC could be done in one of two ways. Either the parliament makes amendments to the previous bill to rectify the constitutional issues, or the council of ministers prepares a new text and then puts it before parliament.

“I prefer the latter, but I don’t insist too much about it,” said Ghadhban.

The INOC will not minimize the role of the Ministry of Oil, he added.

A National Refinery Company and a National Gas Company are also planned.

“What the Iraqi oil industry has gone through reflects what the Iraqi people have gone through as a result of the previous wars,” the minister said.

The Iran-Iraq war (1980-88) saw Iranian jets strike Iraqi oil fields and infrastructure, setting the industry back years. Moreover, the embargo imposed on Iraq due to its invasion of Kuwait deprived it of critical technology to develop its oil fields.

Since the new Iraq was created after 2003, officials have had to “rebuild what has been destroyed” – never mind building and growth, Ghadhban said.

However, “things have changed now,” he said. 

There are four gas projects on the table “being discussed seriously.” One of them is al-Halfaya, which is expected to produce 300 million cubic meters per day.

Basra gas projects are also growing, Ghadhban said. “When these projects finish, we won’t see such big [gas] flares”

There is “urgent” need for the gas for electricity generation, the minister added.

The southern Iraqi province of Basra was rocked last year by deadly protests sparked in part by shortages of electricity. 

Petrochemical plants are also in the pipeline. 

Iraqi officials, especially those who served in Abadi’s office, had said they aim to end gas flares in Iraq by 2021. The German company Siemens also presented the Abadi administration with a plan to end gas flares.

However, for all these projects, they have an issue. Their investment budget was halved in the 2019 Iraqi budget bill, Ghadhban said. 

Although their ministry oversees a sector that provides 90 percent of Iraq’s revenues, it has no power over allocation, expenditure, or the usage of funds, he added.

Iraq is not currently expanding oil production because of a deal with OPEC designed to reduce the oil glut in the international markets and help prices recover.
 
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  • yota691 changed the title to Al-Allaibi: The need to reconsider the structure of the Ministry of Oil and the formation of the National Oil Company

Al-Allaibi: The need to reconsider the structure of the Ministry of Oil and the formation of the National Oil Company

 
Policy  ,   2019/03/16 15:06   , The number of readings: 117 
 

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BAGHDAD, Iraq -

A member of the oil and energy parliamentary committee and former oil minister Jabbar al-Luaibi on the need to review the structure of the Ministry of Oil and the pursuit of the formation of the National Oil Company, noting that his interest in the formation of this company does not come aspiring to become its president, but because its composition will be in the interest of the country, he said. He said Allaibi that the law of the National Oil Company is not different from the other laws that have been some amendments by the Federal Court by canceling some paragraphs, noting that those amendments do not mean in any way to disrupt the vote on it. Al-Luaibi added that Iraq has benefited from the fundamentals of the economy other than oil, which should develop the sector and not use it for subsistence. The Minister of Oil Thamer Ghadhban said last Tuesday that the ministry is determined to re-establish the Iraqi National Oil Company, noting that the amendments to the law of the National Oil Company will be approved first within the Council of Ministers in preparation for sending to Parliament for a vote, noting that the leadership of the company will consist of the President To be appointed by the Prime Minister and two deputies and membership of the central and subsidiary oil departments. The former cabinet headed by Abbadi voted last year to activate the law of the National Oil Company headquarters of the former parliament while the former oil minister Jabbar al-Allaibi chose the company's president, before the current prime minister repealed that decision as well as other decisions issued after the first of July 2018.

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Will the oil producing provinces get their dues from the petrodollars?

09:28 - 17/03/2019
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%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%86%D9

Information / Baghdad ..

The parliamentary finance committee said on Sunday that it is difficult to grant oil producing provinces full dues from the petrodollar, pointing out that Basra calls for 17 trillion, while Missan has a dues of 2.5 trillion, which the government finds it difficult to provide fully to those provinces.

"The government has released part of the petrodollar dues to the oil-producing provinces," said Siham al-Aqili, a member of the committee. "The grant has been suspended since 2014. At the end of 2018, some of these funds were disbursed, especially to the provinces of Maysan and Basra."

It added that Basra calls for its receipts of 17 trillion dinars, while Missan has receivables owed by the government up to 2.5 trillion dinars, and got the province of 19 billion dinars in 2018, was allocated 80 billion Lamisan hoped to receive this year.

She said Aqili, "The budget does not bear the disbursement of the amounts mentioned in the total petrodollar receivables, which makes the government recognizes the provinces part of the amounts and receivables for the provinces producing oil," asserting that "the oil provinces may not receive their dues in full, especially that the dues increase day after day, Makes it difficult to give them full by the government. " Ending / 25 n

https://www.almaalomah.com/2019/03/17/394055/

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Rebounds Sunday, 24 March 2019 23:03

 

Albzuni: Federal Court set the date for the consideration of the Basra case against Baghdad

1

 

The head of the Basra Provincial Council, Sabah al-Bezouni, that the Federal Court set the tenth of April next date to plead the two cases raised by the Presidency to eliminate the budget and import restriction from Trebil. 
In a statement, al-Bezouni said in a statement that the court set the date of 10 April at 9 am as the date for considering the call of the Presidency of the Council of Basra against the Prime Minister and the Speaker of the House of Representatives on the general budget of the country for 2019 and the right of Basra is not exempt from the amounts due from petrodollar In the budget law, which did not reach up to 1% while it is supposed to grant Basra 5% of those funds. 
He pointed out that the court itself set the same date to plead for another call by the Presidency of the Council of Basra against the Prime Minister as he gave customs and tax exemptions for goods from the port of Trebil with Jordan.
It is worth mentioning that the Provincial Council of Basra has recently filed two legal cases formally to the Federal Court, the first against the general budget for 2019, and the other against the decision to import goods from Trebil. 

//Mother

https://www.thebaghdadpost.com/ar/Story/159209/البزوني-المحكمة-الاتحادية-حددت-موعد-نظر-دعوى-البصرة-ضد-بغداد

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 2019-03-27 BY SOTALIRAQ

 

 

Parliament proposes to distribute 10% of oil revenues to each Iraqi individual

 

The bloc announced the reform and reconstruction of the parliamentary on Tuesday, a group of deputies proposed to allocate 10% of oil revenues financial to all Iraqis.

The head of the bloc head of the bloc reform and reconstruction parliamentary Sabah al-Saadi in a press conference held in the House of Representatives with the participation of deputies that "MPs from various political blocs submitted to the House of Representatives the proposal of the law of the citizen fund to put 10% of oil and distributed to citizens through a fund in the Ministry of Finance," explaining That "the money of oil and wealth belong to the Iraqi people according to the Constitution and most of the money went to waste for mismanagement."

He added that "the victim is the citizen and money belongs to the Iraqi people, indicating that there is approval of the law of 111 deputies and all segments of the Iraqi people and all the parliamentary blocs."

He pointed out that "there is unanimity of various political blocs on the draft law and will receive the Council's acceptance of justice for the Iraqi people," noting that "Iraq has the wealth and wealth a lot, but mismanagement is that lost money and must return the rights of the citizen."

IRAQ

https://www.sotaliraq.com/2019/03/27/البرلمان-يقترح-توزيع-10-من-العائدات-النف/

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Documents .. Know the details of the distribution of oil revenues for each individual Iraqi

Documents .. Know the details of the distribution of oil revenues for each individual Iraqi



 Twilight News    
 2 hours ago

The documents detail the distribution of oil revenues for all Iraqis, after the submission of a group of deputies proposal to allocate 10% of oil revenues financial to all the people.

The bloc of reform and reconstruction parliamentary on Tuesday, a group of deputies proposed to allocate 10% of oil revenues financial to all Iraqis.

The head of the bloc head of the bloc reform and reconstruction parliamentary Sabah al-Saadi in a press conference held in the House of Representatives with the participation of deputies that "MPs from various political blocs submitted to the House of Representatives the proposal of the law of the citizen fund to put 10% of oil and distributed to citizens through a fund in the Ministry of Finance," explaining That "the money of oil and wealth belong to the Iraqi people according to the Constitution and most of the money went to waste for mismanagement."

He added that "the victim is the citizen and money belongs to the Iraqi people, indicating that there is approval of the law of 111 deputies and all segments of the Iraqi people and all the parliamentary blocs."

He pointed out that "there is unanimity of various political blocs on the draft law and will receive the Council's acceptance of justice for the Iraqi people," noting that "Iraq has the wealth and wealth a lot, but mismanagement is that lost money and must return the rights of the citizen."

 

 
333333333%20(1).jpeg
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  • yota691 changed the title to Parliament proposes to distribute 10% of oil revenues to each Iraqi individual
  • 2 weeks later...
a21f10df16a1d72c8f9%D9%86%D9%81%D8%B7_%D  

Eighth electronic newspaper

Revealed the documents received on the eighth, the text of the proposed law of the Citizen Fund, which was submitted by a number of deputies to the presidency of the parliament, to distribute 10 percent of oil money to citizens.

%D9%82%D9%86%D9%88%D9%861.jpeg?resize=47

 

The head of the reform and reconstruction bloc in parliament, Sabah al-Saadi, has revealed earlier in the day, during a press conference followed by the most valuable contract in the House of Representatives with the participation of deputies from various political blocs, "The deputies from various political blocs submitted to the House of Representatives proposed the law of the Citizen Fund "He said.

 

%D9%82%D8%A7%D9%86%D9%88%D9%8611.jpeg?re

He disclosed that the proposal comes to "put 10% of the oil and distributed to citizens through a fund in the Ministry of Finance," noting that "the oil and wealth funds belong to the Iraqi people according to the Constitution and most of the money went to the worst management."

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36 minutes ago, yota691 said:
a21f10df16a1d72c8f9%D9%86%D9%81%D8%B7_%D  

Eighth electronic newspaper

Revealed the documents received on the eighth, the text of the proposed law of the Citizen Fund, which was submitted by a number of deputies to the presidency of the parliament, to distribute 10 percent of oil money to citizens.

%D9%82%D9%86%D9%88%D9%861.jpeg?resize=47

 

The head of the reform and reconstruction bloc in parliament, Sabah al-Saadi, has revealed earlier in the day, during a press conference followed by the most valuable contract in the House of Representatives with the participation of deputies from various political blocs, "The deputies from various political blocs submitted to the House of Representatives proposed the law of the Citizen Fund "He said.

 

%D9%82%D8%A7%D9%86%D9%88%D9%8611.jpeg?re

He disclosed that the proposal comes to "put 10% of the oil and distributed to citizens through a fund in the Ministry of Finance," noting that "the oil and wealth funds belong to the Iraqi people according to the Constitution and most of the money went to the worst management."

I were Reading the Sign Documents....Notice the Date under their Signature Name....Wish Someone can read Arab....The first and Third have a Date 2019/ ?/?....Thanks for the Article Yoga.

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What they SHOULD do is publish how much each citizen would have already received from the billions of USD that Maliki and crew stole during his 8 years as PM. That'll raise some eyebrows. If the GOI won't prosecute that slime-ball, maybe a citizen sponsored hanging is in order.

               :twothumbs:

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HERE HERE!!!  :cheesehead:

4 hours ago, King Bean said:

What they SHOULD do is publish how much each citizen would have already received from the billions of USD that Maliki and crew stole during his 8 years as PM. That'll raise some eyebrows. If the GOI won't prosecute that slime-ball, maybe a citizen sponsored hanging is in order.

               :twothumbs:

 

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  • yota691 changed the title to National Business Council: The need to turn national oil companies into a major operator
408 views
 

A member of the Iraqi National Business Council Ghadir Al-Attar, on Monday, the need to convert national oil companies to a basic operator, indicating that the experience of service contracts did not succeed.

Al-Attar said in a press statement received by Alsumaria News on a copy that "the conversion of national oil companies to the operator is an important priority for Iraqi oil policy."
He added that "the transfer of oil fields for investment by foreign companies comes within the context of the transfer of all oil fields produced, including the fields of national effort for investment by foreign companies and the conversion of national oil companies to the operator is an important priority for Iraqi oil policy."
 
 
Attar said that "the experience of service contracts did not succeed to the weakness of the local negotiator needs to be strengthened on the ability to transport crude oil and storage and export abroad."
The Ministry of Oil signed in 2010 contracts with major foreign companies in the first rounds of licensing and the second to develop oil fields in Iraq .
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  • yota691 changed the title to Parliamentary energy is discussing with the ministry the resolution of the oil and gas laws
2019/09/26 06:53:34 PM 81

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

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

Baghdad / Al-Ghad Press:

The Committee on Oil and Energy, headed by MP Hiba Halbousi, and in the presence of a number of members of the Committee on Sunday, visited the headquarters of the Ministry of Oil to discuss a number of important issues related to the work of the Committee and legislative work and control.

The Information Department said in a statement received by Al-Ghad Press, that the committee started the visit by meeting with the Undersecretaries of the Ministry of Oil, Mr. Neama Al-Fayyad, Undersecretary of the Ministry of Oil, Hamed Al-Zobaie, Moatasem Akram and Karim Hattab. The contracts of the companies of Car and Qiwan and on the contract of Al-Barham Company on the hydrogenation of naphtha in Kirkuk, where the Chairman of the Committee asked the Messrs.

She added that "the Chairman of the Committee discussed with the agents of oil and gas and the National Oil Company, where the Chairman of the Committee MP Hibet Halbousi, that the Committee had already sent a letter to the Ministry, stressing the need to expedite the Ministry of Oil to complete amendments to the two laws in order to legislate in the House of Representatives "Because of their importance in resolving the differences on the export of oil as well as the protection of oil wealth as the property of all the Iraqi people without discrimination."

The committee also discussed the issue of contracts concluded by the ministry with a number of oil companies, where the Chairman of the Committee MP Hibet Halbousi that there are observations, inquiries and question marks on the contracts of the companies Kar and Qiwan and Barham investing in hydrogenation of naphtha and improve gasoline in the province of Kirkuk.

The chairman stressed, according to the statement, "the importance of reviewing these contracts by officials in the ministry in order to prevent any waste of public money and the protection of oil wealth."

"The committee met with Sarmad Hussein Abdullah, inspector general of the ministry, and discussed with him the need to activate the oversight and inspection role of the inspector general's office in auditing the performance of departments and companies affiliated to the ministry in a professional and civilized way away from methods that frighten employees and affect their interaction and encourage them to cooperate with his office," the department said. In order to ensure that there are no financial or technical breaches that cause waste of public funds. "

Halabousi also discussed with the inspector general the issue of fines and entitlements related to Kar and Qiwan, estimated at 135 million dollars, and the Integrity Commission asked the ministry's inspector general to re-investigate the matter.

Al-Halbousi called on the committee's inspector general to cooperate with the committee in holding continuous meetings and providing them with quick answers and documents away from the routine which causes delays in important cases involving corruption files in order to take an official position by the parliamentary committee according to its regulatory and legislative competence.

 

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6 hours ago, yota691 said:
2019/09/26 06:53:34 PM 81

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

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

Baghdad / Al-Ghad Press:

The Committee on Oil and Energy, headed by MP Hiba Halbousi, and in the presence of a number of members of the Committee on Sunday, visited the headquarters of the Ministry of Oil to discuss a number of important issues related to the work of the Committee and legislative work and control.

The Information Department said in a statement received by Al-Ghad Press, that the committee started the visit by meeting with the Undersecretaries of the Ministry of Oil, Mr. Neama Al-Fayyad, Undersecretary of the Ministry of Oil, Hamed Al-Zobaie, Moatasem Akram and Karim Hattab. The contracts of the companies of Car and Qiwan and on the contract of Al-Barham Company on the hydrogenation of naphtha in Kirkuk, where the Chairman of the Committee asked the Messrs.

She added that "the Chairman of the Committee discussed with the agents of oil and gas and the National Oil Company, where the Chairman of the Committee MP Hibet Halbousi, that the Committee had already sent a letter to the Ministry, stressing the need to expedite the Ministry of Oil to complete amendments to the two laws in order to legislate in the House of Representatives "Because of their importance in resolving the differences on the export of oil as well as the protection of oil wealth as the property of all the Iraqi people without discrimination."

The committee also discussed the issue of contracts concluded by the ministry with a number of oil companies, where the Chairman of the Committee MP Hibet Halbousi that there are observations, inquiries and question marks on the contracts of the companies Kar and Qiwan and Barham investing in hydrogenation of naphtha and improve gasoline in the province of Kirkuk.

The chairman stressed, according to the statement, "the importance of reviewing these contracts by officials in the ministry in order to prevent any waste of public money and the protection of oil wealth."

"The committee met with Sarmad Hussein Abdullah, inspector general of the ministry, and discussed with him the need to activate the oversight and inspection role of the inspector general's office in auditing the performance of departments and companies affiliated to the ministry in a professional and civilized way away from methods that frighten employees and affect their interaction and encourage them to cooperate with his office," the department said. In order to ensure that there are no financial or technical breaches that cause waste of public funds. "

Halabousi also discussed with the inspector general the issue of fines and entitlements related to Kar and Qiwan, estimated at 135 million dollars, and the Integrity Commission asked the ministry's inspector general to re-investigate the matter.

Al-Halbousi called on the committee's inspector general to cooperate with the committee in holding continuous meetings and providing them with quick answers and documents away from the routine which causes delays in important cases involving corruption files in order to take an official position by the parliamentary committee according to its regulatory and legislative competence.

 

9/26/2019? 

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Few days old

 

  •  
  •  22 September 2019
  •  
  •  7:13 pm
  •  
F369A90D-0F31-45C4-83DE-DCA3E4F1FD66.jpe

The Committee on Oil and Energy, headed by MP Hiba Halbousi, and a number of members of the Committee visited today the headquarters of the Ministry of Oil to discuss a number of important issues related to the work of the Committee and legislative and supervisory work.

The media department of the parliament said that the committee started the visit by meeting with the undersecretaries of the ministry, Neamat al-Fayyad, Hamed al-Zobaie, Moatasem Akram and Karim Hattab. Kirkuk. ”

The Chairman asked the Agents to cooperate fully with these investigative committees in order to expedite the submission of their final reports to the Commission for a formal position.

The Chairman also discussed with the Agents of the Oil and Gas Laws and the National Oil Company. Exporting oil as well as protecting oil wealth as the property of all Iraqi people without discrimination.

The Committee also discussed the issue of contracts concluded by the Ministry with a number of oil companies, where the Chairman of the Committee that there are observations and inquiries and question marks on the contracts of the companies Kar and Qiwan and Barham investing in hydrogenation of naphtha and gasoline improvement in Kirkuk province.

The chairman stressed the importance of reviewing these contracts by ministry officials in order to prevent any waste of public money and protect oil wealth.

The Committee also met with Sarmad Hussein Abdullah, Inspector General of the Ministry and discussed with him the need to activate the oversight and inspection role of the Office of the Inspector General in auditing the performance of departments and companies affiliated to the Ministry in a professional and civilized manner away from the methods that frighten employees and affect their interaction and encourage them to cooperate with his office in order to ensure that no violations Financial or technical waste of public money.

MP Halbousi discussed with the Inspector General the issue of fines and entitlements related to the car companies and Qiwan, which is estimated at $ 135 million, and the Integrity Commission asked the inspector general of the ministry to re-investigate this matter.

The Chairman of the Committee asked the Inspector General to cooperate with the Committee in holding continuous meetings and provide them with quick answers and documents away from the routine that causes delays in important cases involving corruption files in order to take an official position by the parliamentary committee in accordance with its regulatory and legislative competence.

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