Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Calls to speed up legislation in the oil and gas law


yota691
 Share

Recommended Posts

8 hours ago, DinarThug said:

Calls to speed up legislation in the oil and gas law

 


Monday, October 28, 2019

 

alsabaah-21172.jpg


Baghdad / Farah al - Khuffaf

 
As part of its reforms, the government pledged to continue addressing the parliament and enacting the long-awaited oil and gas law by the Iraqi street for its importance in establishing a clear and transparent oil policy that would lead to regulating the oil relationship between the center and the region and to the proper dealings between the Iraqi and foreign giant investment companies and institutions. More importantly, evenly distributing revenues will bring development to the country.

Strategic factors
In this regard, the oil expert Hussein Al-Marzouq told "Al-Sabah": "The legislation of this law has great economic feasibility working to achieve several strategic factors, including attracting international oil companies known investment and its prudence, and the development of a clear policy that makes oil institutions competitive, as these factors contribute to the advancement The reality of public oil companies and the performance of their role effectively, which leads to block the path to financial and administrative corruption. "
Al-Marzouq added that "the oil and gas law establishes and legislates a legal cover for oil operations in Iraq, which gives legitimacy for exploration, extraction and production, which has a weight in the international and international milieus, especially as it regulates the relationship between Iraq and producing and non-producing countries and charts transparency in dealing,as will be a reference It is important to prevent disputes between the center and the Kurdistan region, and thus lead to an increase in production and storage of crude oil and gases emitted during the extraction operations, which need a reference to explain the way in which they work, market and export.
 
Productive Sectors
The expert finds that "the delay in the passage of the oil and gas law negatively affects the economy of the country, which became mainly dependent on oil revenues, which in turn caused paralysis in other productive sectors," pointing out that "oil wealth owned by the country can support system" rel="">support and do sectors of industry and agriculture , Construction that contributes to solving the housing crisis, without exporting it to countries Other. " 
The Prime Minister announced the signing of an agreement with Norway during the Norwegian Prime Minister's recent visit to Baghdad, Irna Solberg, includes cooperation under the slogan "Oil for Development", which the government is working to achieve, which stimulates the development process in all provinces and move the economy.
Al-Marzouq explained that "there is a hierarchical relationship between the oil and gas law and other laws, including the law of the National Oil Company, the law of investment and other service laws, as it paves the way to legislate and apply important laws relating to agriculture and industry," pointing out that "oil enters the petrochemical industry Hand and fertilizer on the one hand Other. "
 
Employment employment
As for the foundations of the development of the oil sector, Marzouq pointed out that "its development is through the formation of a higher council through which the management of this vital sector, which is expected to achieve a significant increase in the movement of labor through the employment of large numbers of labor in this sector. When this happens. "
He explained that the formation of this Council "will establish a modern and sophisticated system for the management of oil operations in Iraq, including the development of strategies, policies and plans for long, medium and short-term, while expanding the use of direct effort in the Iraqi public and private sectors and foreign to implement oil operations in Iraq, based on the latest technology and economy market".
However, the perception of oil wealth in Iraq has become local, according to Al-Marzouq, which is that each region views the underground as the king of the region, and contrary to the Constitution stipulates that oil belongs to the entire Iraqi people, must follow the principle of the distribution of oil benefits between All governorates equal".

link

 

Here’s A Highlighted Version Of It ...

 

:D  :D  :D 

 

 

Calls to speed up legislation in the oil and gas law

 


Monday, October 28, 2019

 

alsabaah-21172.jpg


Baghdad / Farah al - Khuffaf

 
As part of its reforms, the government pledged to continue addressing the parliament and enacting the long-awaited oil and gas law by the Iraqi street for its importance in establishing a clear and transparent oil policy that would lead to regulating the oil relationship between the center and the region and to the proper dealings between the Iraqi and foreign giant investment companies and institutions. More importantly, evenly distributing revenues will bring development to the country.

Strategic factors
In this regard, the oil expert Hussein Al-Marzouq told "Al-Sabah": "The legislation of this law has great economic feasibility working to achieve several strategic factors, including attracting international oil companies known investment and its prudence, and the development of a clear policy that makes oil institutions competitive, as these factors contribute to the advancement The reality of public oil companies and the performance of their role effectively, which leads to block the path to financial and administrative corruption. "
Al-Marzouq added that "the oil and gas law establishes and legislates a legal cover for oil operations in Iraq, which gives legitimacy for exploration, extraction and production, which has a weight in the international and international milieus, especially as it regulates the relationship between Iraq and producing and non-producing countries and charts transparency in dealing,as will be a reference It is important to prevent disputes between the center and the Kurdistan region, and thus lead to an increase in production and storage of crude oil and gases emitted during the extraction operations, which need a reference to explain the way in which they work, market and export.
 
Productive Sectors
The expert finds that "the delay in the passage of the oil and gas law negatively affects the economy of the country, which became mainly dependent on oil revenues, which in turn caused paralysis in other productive sectors," pointing out that "oil wealth owned by the country can support system" rel="">support and do sectors of industry and agriculture , Construction that contributes to solving the housing crisis, without exporting it to countries Other. " 
The Prime Minister announced the signing of an agreement with Norway during the Norwegian Prime Minister's recent visit to Baghdad, Irna Solberg, includes cooperation under the slogan "Oil for Development", which the government is working to achieve, which stimulates the development process in all provinces and move the economy.
Al-Marzouq explained that "there is a hierarchical relationship between the oil and gas law and other laws, including the law of the National Oil Company, the law of investment and other service laws, as it paves the way to legislate and apply important laws relating to agriculture and industry," pointing out that "oil enters the petrochemical industry Hand and fertilizer on the one hand Other. "
 
Employment employment
As for the foundations of the development of the oil sector, Marzouq pointed out that "its development is through the formation of a higher council through which the management of this vital sector, which is expected to achieve a significant increase in the movement of labor through the employment of large numbers of labor in this sector. When this happens. "
He explained that the formation of this Council "will establish a modern and sophisticated system for the management of oil operations in Iraq, including the development of strategies, policies and plans for long, medium and short-term, while expanding the use of direct effort in the Iraqi public and private sectors and foreign to implement oil operations in Iraq, based on the latest technology and economy market".
However, the perception of oil wealth in Iraq has become local, according to Al-Marzouq, which is that each region views the underground as the king of the region, and contrary to the Constitution stipulates that oil belongs to the entire Iraqi people, must follow the principle of the distribution of oil benefits between All governorates equal".

link

  • Like 5
  • Thanks 2
  • Haha 1
  • Confused 1
  • Upvote 3
Link to comment
Share on other sites

Calls to speed up legislation in the oil and gas law

 

5 hours ago, horsesoldier said:

Hasn’t this “Call “ been out there for the better part of a decade ? 

 

Ya - But Unfortunately They’ve All Been Collect Calls ! :o 

 

discover_card_peggy1.jpg?w=300&h=262

 

From Someone Named ‘Peggy’ ...

 

:D  :D  :D 
 

Edited by DinarThug
  • Haha 9
Link to comment
Share on other sites

3 hours ago, DinarThug said:

Calls to speed up legislation in the oil and gas law

 

 

Ya - But Unfortunately They’ve All Been Collect Calls ! :o 

 

discover_card_peggy1.jpg?w=300&h=262

 

From Someone Named ‘Peggy’ ...

 

:D  :D  :D 
 


Peggy!...... Peggy!.....Can you actually send some dam money this time?!!

:confused2::salute:.

  • Haha 2
Link to comment
Share on other sites

 

Laid Back

Om sai Ram

 

Laid Back
 

Platinum VIP

 

17 hours ago, kwg said:

Don't know who gave you the red ruby LB canceled it out with a greenie 👍

 

Yo Snap - Hammock Boy Has A Hater ! :o 

 

 

 


Probably A Jealous Insomniac ...

 

image.png.e1168ac472608e12628ec1ab30ce449e.png
:D  :D  :D 

Edited by DinarThug
  • Haha 5
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.