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Go Iraq Part 4


6ly410
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Jg1, sorry to hear times aren’t going so great.  Been there many times and I know the feeling about the unknown being scary.  You are a good person, it’s gona work out for you and your family.  One day at a time.  

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Mr. Hassan Karim al-Kaabi, First Deputy Speaker of the House of Representatives on the need to proceed with the legislation of the law of oil and gas, pointing out that the draft law had already been sent by the government to the House of Representatives during the previous sessions.

He said that the adoption of the law comes to the importance of establishing a basis for coordination and consultation between the federal authorities and the authorities of the region and oil-producing provinces and to establish the basis of cooperation between the ministries concerned in the federal government, as well as the establishment of a modern and sophisticated system to manage the oil operations in the country, including the development of strategies and policies and plans far and medium And short term to reach the highest level of growth in reserves and production and maximize the financial resources of Iraq through the optimal investment of oil wealth and maintain on the basis of technical and economic sound.

information Office
First Deputy Speaker of the House of Representatives
2019/7/29http://ar.parliament.iq/2019/07/29/الكعبي-يؤكد-ضرورة-المضي-بإجراءات-تشري/

Edited by 6ly410
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Iraq making efforts to attract foreign oil and gas investments

Environmental and regional political challenges mean Iraq needs more investment while balancing its OPEC commitments.

 

 

Iraq’s government wants to see a big increase in oil production.

Oil and natural gas make up 90 percent of the country’s revenue.

But years of war and new environmental challenges are making it difficult to attract vital international investment.

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