International report: Cancellation of the oil company opens the door to the return of global investments

[yota691]

An upcoming decision of the Federal Court regarding the cancellation of the assignment of the Minister of Oil to head the National Oil Company

 

 

486 sweeteners 20/09/2022 13:05 Baghdad today -

Baghdad Today,

Tuesday, independent MP Basem Khashan spoke about the upcoming decision of the Federal Court regarding the assignment of Oil Minister Ihsan Abdul Jabal to head the National Oil Company. And Khashan said in a blog post that I followed (Baghdad Today), that " tomorrow, the Federal Court's decision will be issued in the lawsuit in which we demanded, MP Mustafa Sanad, to cancel the decision to assign the Minister of Oil to head the National Oil Company, which was formed, although the Federal Court canceled a number of paragraphs of its law." .

 

He added, "We are awaiting the decision of the Federal Supreme Court, which we hope will put an end to the massive thefts that took place under this Al-Kazemi government and this company that was established contrary to the decisions of the previous Federal Court," noting that "the number of complaints submitted against the Minister of Oil exceeded 35 complaints, and this number is less than He deserves it!"

[yota691]

The Federal Court nullifies the assignment of the Minister of Oil to manage the National Oil Company

• Time: 09/21/2022 15:04:23
•  
• Reading: 585 times

  

{Political: Al Furat News} The Federal Supreme Court ruled that paragraphs (2) and (3) of Cabinet Resolutions No. (109) for the year 2020 and Resolution (211) for the year 2021 were invalid, and their cancellation related to completing the steps for establishing the National Oil Company and assigning Oil Minister Ihsan Abdul-Jabbar chaired by it.

And the court considered in a statement that the agency {Euphrates News} received a copy of it that “the failure to find ways to preserve the public money, which in fact represents the property of all the people by the legally mandated authorities to do so, constitutes a violation of the provisions of Article (27 / first) of the constitution. Achieving this leads to the absence of social justice and the absence of national belonging to the state.
And she indicated that "the failure to preserve public money leads to the state's failure to fulfill its constitutional duties in accordance with what is decreed for it in Articles (29-36) of the Constitution."

To view the text of the decision, click here

[yota691]

The Federal Court cancels the assignment of the Minister of Oil to the tasks of managing the National Company

sweeteners

2022-09-21 | 08:08

 

 

 

 

Source:

Alsumaria news

 

4,137 views

 

 

Today, Wednesday, the Federal Court issued a ruling canceling the assignment of the Minister of Oil to the tasks of managing the National Oil Company.

And the court stated in a statement received by Alsumaria News, that it “rules the invalidity of paragraphs (2) and (3) of Cabinet Resolutions No. (109) for the year 2020 and Resolution (211 for the year 2021) and to cancel them, related to completing the steps for establishing the National Oil Company and assigning the Minister of Oil ( Ihsan Abdul-Jabbar) chaired it.

 

 

 

 

 

The court considers, according to the statement:

1 - The failure to find ways to preserve public money, which in fact represents the property of all the people by the legally mandated authorities, constitutes a violation of the provisions of Article (27 / first) of the Constitution, and that failure to achieve this leads to the absence of social justice. And the absence of national belonging to the state.

2- The failure to preserve public money leads to the state’s failure to carry out its constitutional duties in accordance with what is decreed for it in Articles (29-36) of the Constitution.

 

 

 

 

[yota691]

 

The judiciary cancels the assignment of Ihsan Abdul-Jabbar to manage the oil company, and Khashan threatens the Al-Kazemi government

 2022-09-21 08:42

 

Shafaq News / Representative Mustafa Sanad announced, on Wednesday, that the Federal Supreme Court reversed the decision to assign the current Oil Minister, Ihsan Abdul-Jabbar, with the tasks of managing the National Oil Company, while Representative Basem Khashan vowed to Prime Minister Mustafa Al-Kazemi and his government with "reckoning and punishment."

 

Sanad said in a video clip, after the court issued its decision, which was reviewed by Shafak News, that "the Federal Court decided to cancel the assignment of Ihsan Abdul-Jabbar with the tasks of managing the National Oil Company, according to the joint lawsuit that I filed with MPs in the name of Khashan, Uday Awad and Intisar Al-Moussawi."

 

Sanad expressed his happiness with this decision, noting that "the decision combined the efforts of civil activists and benevolent people who demanded that this person (the Minister of Oil) not extend and incur the state."

 

And he indicated that, "Following this decision, penal decisions will be issued as a result of the losses caused by the unconstitutional decisions," noting that "there is a perjury because the constitutional violation came against Prime Minister Mustafa Al-Kazemi and the current Oil Minister, and I am trying to atone for my guilt towards the Iraqis."

 

For his part, the case's lawyer, Haider Al-Maliki, said, "The decision issued today came as a result of the cabinet's violation of the constitution and laws as a result of the legislation of contrary decisions.

 

In turn, Representative Basem Khashan said in a tweet on Twitter, followed by Shafak News Agency, that "the Federal Supreme Court today issued its decision in the lawsuit that MP Mustafa Sanad and I filed, to cancel Cabinet Resolution No. 109 of 2020, according to which the National Oil Company was established. who entered into massive corrupt contracts."

 

Khashan added, "The consequences of this decision are innumerable, and all methods of reckoning and punishment are opened against Al-Kazemi, the Minister of Oil and the ministers."

 

Khashan expressed his thanks to the Federal Supreme Court, noting that it is "a great decision that imposes adherence to the provisions of the constitution and cuts off the paths of corruption and the corrupt."

 

Khashan also indicated that "the Federal Court stripped the Minister of Oil of his most important positions, the position of head of the National Oil Company, this position that was designed to remain in it after the formation of the new government, in order to continue to conduct corrupt deals." He reiterated that "the legal consequences of the decision are not counted nor It is counted and not a single grain of it will fall from our fingers.”

[yota691]

The Federal Court accepts the lawsuit to cancel the establishment of the National Oil Company

2022.09.21 - 15:14

 

  

Baghdad - people     

On Wednesday, Representative Basem Khashan announced the cancellation of the establishment of the National Oil Company, based on the lawsuit he filed with MP Mustafa Sanad.  

  

  

  

Khashan said in a blog post followed by "Nass" (September 21, 2022): "Good news for the Iraqi people, today the Federal Supreme Court issued its decision in the lawsuit, which I and Representative Mustafa Sanad filed, to cancel Cabinet Resolution No. 109 of 2020, according to which a company was established. National Oils.  

[yota691]

The text of the Federal Court’s decision to cancel the completion of the steps for establishing the National Oil Company

2022.09.21 - 15:19

 

Baghdad - people  

The Federal Supreme Court decided, on Wednesday, to cancel the completion of the steps for establishing the National Oil Company.  

  

  

  

And the court said in a statement that “Nass” received a copy of it (September 21, 2022), that “the Federal Supreme Court rules that paragraphs (2) and (3) of Cabinet Resolutions No. (109) of 2020 and Resolution (211) of 2021 are invalid and cancelled. Those concerned with completing the steps of establishing the National Oil Company and assigning the Minister of Oil (Ihsan Abdul-Jabbar) to head it.  

  

Court sees:  

1- The failure to find ways to preserve public money, which is in fact the property of all the people by the legally mandated authorities, constitutes a violation of the provisions of Article (27 / first) of the Constitution, and failure to achieve this leads to the absence of social justice and the absence of national belonging to the state .  

2- Failure to preserve public money leads to the state’s failure to perform its constitutional duties in accordance with what is decreed for it in Articles (29-36) of the Constitution.”  

  

The statement added, "The Federal Supreme Court rules that Paragraphs (2) and (3) of Cabinet Resolutions No. (109) of 2020 and Resolution (211) of 2021 are invalid, and their cancellation is related to completing the steps for establishing the National Oil Company and assigning the Minister of Oil (Ihsan Abdul-Jabbar). ) chaired by it.  

  

Court sees:  

1- The Constitution of the Republic of Iraq for the year 2005 is the product of the will of the people based on the provisions of Article 144, which stipulates (This constitution is considered effective after approval by the people in a general referendum). .  

2 - The purpose of organizing the federal authorities and all independent bodies is to abide by the constitution with all its articles and not to deviate from it, and that this obliges all federal authorities to work for the people, and that non-compliance with the constitution represents a departure from the will of the people.  

  

And the statement continued, "The Federal Supreme Court rules that paragraphs (2) and (3) of Cabinet Resolutions No. (109) of 2020 and Resolution (211) of 2021 are invalid and that they are cancelled, related to completing the steps for establishing the National Oil Company and assigning the Minister of Oil (Ihsan Abdul-Jabbar). ) chaired by it.  

  

Court sees:  

1- As public funds have their sanctity in accordance with all heavenly laws, and the Holy Qur’an affirmed this in a number of its noble verses, and Article (27 / first) of the Constitution stipulates that and that protecting them is the duty of every citizen, so all institutions and their employees must maintain the sanctity of that Funds, and that filing a case to protect them is consistent with what was stated in Article (20/first) of the internal system of the court, which required that the interest be a case, direct and influential in the legal, financial or social position, and because it is in the interest of the people to pay the harm that befalls public money, and this is a realization of its interest Personal.  

2- Cancellation of a number of essential articles of the National Oil Company Law No. (4) of 2018 with which it is not possible to proceed with the formation of the company.  

3- Saying to replace articles of other laws with the articles that have been ruled unconstitutional contradicts the character of the obligation and stability enjoyed by the decisions of the Federal Supreme Court, and it must take into account the will of the legislator and his competence to legislate other articles to replace the articles that have been ruled unconstitutional and to say otherwise. It means depriving the legislative authority of part of its constitutional powers.”  

  

  

  

  

  

  

  

  

  

  

  

  

[yota691]

Al-Karkh Appeal Court summons the Minister of Oil (document)

2022.09.22 - 12:16

 

Baghdad - people  

The Baghdad / Karkh Appeals Court decided to bring in the Minister of Oil, Ihsan Abdul-Jabbar, against the background of the seizure of privileged lands belonging to the Central Oil Company.  

  

 

  

  

According to a document seen by "Nass" (September 22, 2022), "This court is conducting an investigation into the information attributed to the National Oil Company, which includes the seizure of privileged lands belonging to the Central Oil Company in the Mansour area and selling them in violation of the law of selling and renting state funds, and in order to complete the fundamental investigations, I decided The court brought in the accused (Ihsan Abdul-Jabbar Ismail, Firas Ali Muhammad Sadiq, Hamid Yunis Saleh and Qaddouri Abdul Salim) in accordance with the provisions of Article 316 of the Penal Code for the charge of exploiting their jobs and unlawfully seizing the plot numbered (7/18, District 20 Daoudi) owned by the Central Oil Company. ".  

  

  

[yota691]

'angry tone'

The first comment from oil after bringing in Minister Abdul-Jabbar regarding the Daoudi plot of land

2022.09.23 - 14:08

 

  

Baghdad - people  

On Friday, the Ministry of Oil clarified some information after the judiciary requested the recruitment of Minister Ihsan Abdul-Jabbar, about a plot of land in the Al-Daoudi area in Baghdad.  

  

  

  

The ministry stated in a clarification, of which “Nass” received a copy, (September 13, 2022), that “
in response to the inventions, lies and slander of some paid satellite channels and extortionist trumpets, the Ministry of Oil would like to clarify the following regarding what was published regarding a plot of land in the Al-Daoudi area in Baghdad:  

- One of the personalities tried to take over the property above through the investment law, and the ministry prevented that person from acquiring the property for violating the public companies law.  

- The aforementioned person submitted a complaint to the Integrity Commission and, with this complaint, pressured the management of the Central Oil Company to force it to retract its position, and provided misleading statements and unrealistic perceptions in order to achieve the goals of that person.  

The companies of the Ministry of Oil decided to own (sell) a number of plots of land for their employees, and the above plot of land was part of it according to the laws in force and the approval of the higher authorities, and the legal steps of the sale began according to maturity.  

- The employees who are supposed to benefit from the Daoudi site in accordance with the law and the decisions of the Council of Ministers, have retracted their purchase because the type of land is “agricultural” and the difficulty of evaluating the price per square meter compared to the current market prices, and no measures have been taken in this regard since January 2022, i.e. eight months ago. Procedures for requesting the allocation of an alternate site in accordance with the rules and entitlement.  

- The aforementioned plot of land is still wholly owned by the Middle Oil Company and its ownership has not been transferred to any other party.
- Currently, the competent Karkh Court is looking into the matter in order to take a decision that protects the public right and exposes false information and fabricated complaints.

  

The Baghdad/Karkh Appeals Court decided to bring in the Oil Minister, Ihsan Abdul-Jabbar, against the background of the seizure of privileged lands belonging to the Central Oil Company.  

  

According to a document seen by "Nass" (September 22, 2022), "This court is conducting an investigation into the information attributed to the National Oil Company, which includes the seizure of privileged lands belonging to the Central Oil Company in the Mansour area and selling them in violation of the law of selling and renting state funds, and in order to complete the fundamental investigations, I decided The court brought in the accused (Ihsan Abdul-Jabbar Ismail, Firas Ali Muhammad Sadiq, Hamid Yunis Saleh and Qaddouri Abdul Salim) in accordance with the provisions of Article 316 of the Penal Code for the charge of exploiting their jobs and unlawfully seizing the plot numbered (7/18, District 20 Daoudi) owned by the Central Oil Company. ".    

  

  

[yota691]

Oil clarifies about a piece of land and accuses a character of trying to seize it

• Time: 09/23/2022 14:06:24
•  
• Reading: 1,079 times

  

 

 
In response to the inventions, lies and slander of some paid satellite channels and extortionist trumpets, the Ministry of Oil would like to clarify the following regarding what was published regarding a plot of land in the Al-Daoudi area of Baghdad:
- One of the figures tried to dominate the above property through the investment law, and the ministry prevented that person from acquiring the property for violating the law public companies.
- The aforementioned person submitted a complaint to the Integrity Commission and, with this complaint, pressured the management of the Central Oil Company to force it to retract its position, and provided misleading statements and unrealistic perceptions in order to achieve the goals of that person.
The companies of the Ministry of Oil decided to own (sell) a number of plots of land for their employees, and the above plot of land was part of it according to the laws in force and the approval of the higher authorities, and the legal steps of the sale began according to maturity.
- The employees who are supposed to benefit from the Daoudi site in accordance with the law and the decisions of the Council of Ministers, have retracted their purchase because the type of land is “agricultural” and the difficulty of evaluating the price per square meter compared to the current market prices, and no measures have been taken in this regard since January 2022, i.e. eight months ago. Procedures for requesting the allocation of an alternate site in accordance with the rules and entitlement.
- The aforementioned plot of land is still wholly owned by the Middle Oil Company and its ownership has not been transferred to any other party.
- Currently, the competent Karkh Court is looking into the matter in order to take a decision that protects the public right and exposes false information and fabricated complaints.

[yota691]

 

The National Union Bloc: Cancellation of the National Oil Company is in the interest of the Kurdistan Region

 

 2022-09-23 05:42

 

Shafaq News/ The Patriotic Union of Kurdistan bloc in the Iraqi parliament confirmed on Friday that the decision of the Federal Supreme Court to cancel the establishment of the National Oil Company is in the interest of the Kurdistan Region at the present time.

Member of the bloc, Nermin Maarouf, said in a statement received by Shafaq News Agency, that the Iraqi Council of Ministers Decision No. 109 regarding the establishment of the National Oil Company was previously challenged, indicating that "the decision stipulated placing all oil companies, including (SOMO) at the disposal of the National Company. ".

She pointed out that "the decision to cancel was based on the conviction of the Federal Court that the decision of the Council of Ministers in the form of the National Oil Company was unconstitutional," explaining that "the cancellation was made at the request of three deputies to the Federal Court."

Othman confirmed that "the decision to cancel harms the Iraqi government, but at the same time it is in the interest of the region, because the Minister of Oil was in the process of controlling the region's oil through that supposed company," considering that "the decision to cancel at the present time blocks the way for the Iraqi government to impose pressure on the region." Kurdistan Region".

On Wednesday, MP Mustafa Sanad announced that the Federal Supreme Court had reversed the decision assigning the current Oil Minister, Ihsan Abdul-Jabbar Ismail, to the tasks of managing the National Oil Company.

Sanad said in a video clip, after the court issued its decision, that "the Federal Court decided to cancel the assignment of Ihsan Abdul-Jabbar with the tasks of managing the National Oil Company, according to the joint lawsuit that I filed with MPs Bassem Khashan, Uday Awad and Intisar Al-Moussawi."

Sanad expressed his joy at this decision, noting that "the decision combined the efforts of civil activists and benevolent people who demanded that this person (the Minister of Oil) not extend and incur the state."

And he indicated that, "Following this decision, penal decisions will be issued as a result of the losses caused by the unconstitutional decisions," noting that "there is a perjury because the constitutional violation came against Prime Minister Mustafa Al-Kazemi and the current Oil Minister, and I am trying to atone for my guilt towards the Iraqis."

[yota691]

The new Federal Supreme Court decision regarding the Iraqi National Oil Company

 

September 25, 2022

Baghdad/The Obelisk:

Ahmed Musa Jiyad

An important decision that has impressive dimensions, and it is hoped that it will end the confusion that accompanied the drafting, legislation and amendment of the law of the Iraqi National Oil Company for more than five years. Accountability of the federal, regional and provincial authorities. I call on the Ministry of Oil to desist from attempts to circumvent the decisions of the Supreme Court and to work diligently to prepare a draft law to amend the company's law in light of the court's decisions, and to contribute to the re-formation of a specialized national oil company commensurate with the conditions, requirements, controls and practices of the current century.

 

The Federal Supreme Court issued its decision regarding the lawsuit (Number: 49 and its unit 83/Federal/2022) on the current September 21. The decision relates to accepting the lawsuits brought by a group of members of the House of Representatives against the defendants, in addition to their positions, and they are the Prime Minister, the Secretary-General of the Council of Ministers and the Minister of Oil. The lawsuits were filed by Uday Awad Kazem, Mustafa Jabbar Sanad with Basem Khazal Khashan, Intisar Hassan Youssef Al-Jazaery, and related to the unconstitutionality of Cabinet Resolution No. (109) for the year 2020, which included assigning the current Minister of Oil the tasks of the head of the Iraqi National Oil Company and Resolution (211) for the year 2021 This includes the formation of the company’s board of directors. These two decisions resulted in many measures, despite the fact that the Federal Supreme Court had previously ruled unconstitutional some of the basic and influential articles in the aforementioned company’s Law No. (4) of 2018.

The court's decision, which was issued unanimously, was achieved through public pleading, and it consists of 16 pages, all signed by Judge Jassim Muhammad Aboud - the President of the Court on September 21, 2022.

 

In terms of content analysis and structure, it can be said that the decision document consists of two parts; The first included a balanced and comprehensive summary of what was stated in the original and unified lawsuit, and what was stated in the defenses of the defendants’ attorneys and the third person on their side. The second section included the judgment decision, which was based on the analysis of three topics and the results reached by the court in this regard. The number of pages is approximately equal for each of the two sections.

 

The court’s decision, after review and analysis, was based on three results, which in my view are important, basic and influential, organically interconnected and mutually supportive, and therefore must be taken into account as a whole, interconnected and integrated, namely:

 

First - The condition of personal interest requires that the court decide in it from its practical aspects and not from its theoretical data or its abstract perceptions. The court made a full review and a clear interpretation of many constitutional articles and was guided by some Qur’anic verses, and emphasized that the constitution was not established “for the interest of a particular political party, sect or nationality, but rather for all Iraqis without discrimination..,” and “any authority that goes beyond the provisions of the constitution that created it loses its legitimacy.” its existence” and “public funds are allocated for the benefit of all the people, as every individual has a right to it, and its possession by the state and its institutions is legal possession….. Therefore, every citizen has the right to pay the harm that befalls public money, which as a result turns into private harm.” This is based on the constitutional principle that the protection of public funds is the duty of every citizen (Article 27 / first).

 

In my view, what follows from this important result is to reaffirm the full right of every citizen to resort to the Federal Supreme Court when necessary, especially with regard to governmental decisions (federal, regional or at the governorate level) related to the oil issue. In fact, I have personally affirmed and used this right since the beginning of my many previous interventions aimed at and which contributed to challenging the aforementioned Iraqi National Oil Company law, which was presented by the brothers Fouad Al-Amir and Majid Allawi in 2018.*

 

Second - Emphasizing that public money is the material means for the administration to carry out its activities, and it is of paramount importance, as it is the main nerve of the state’s economic system, and its protection depends on achieving the public interest, which in turn is reflected in the welfare and development of society. The court affirmed the constitutional principle that “public funds are inviolable, and protecting them is a duty for every citizen,” as mentioned above, and the role and importance of the amended Law No. 31 of 2011 of the Office of Financial Supervision, and concluded that the failure to maintain public funds leads to the state’s failure to fulfill its constitutional duties. .

In my view, the court’s focus on the joint role of every “responsible”, every “citizen” and every “entity” in protecting public money is one of the important aspects of this decision, and it is organically linked to the first result above and confirms the principle of participatory responsibility for the exercise of societal rights. The importance of this focus on participatory responsibility is highlighted in light of the spread of corruption and its devastating effects on the Iraqi economy and society, which requires and may lead to a broad legal action by filing lawsuits before the Federal Court to fight corruption, as well as for the authorities’ misuse of their responsibilities and decisions.

 

Third - Acknowledgment of the structural importance of the oil sector in the Iraqi economy, as the resolution stated that “oil represents the lifeblood of the Iraqi economy, and the development of the oil sector entails providing the necessary financial resources to invest in building real human and material capital.” And “because it is a national wealth, care must be taken for it.” And save it from neglect and waste.” In addressing the court’s decision to accept the challenge to the National Oil Company Law No. (4) of 2018, the current decision confirms that “the abolition of the essential articles .. from the law cannot proceed with the formation of the company.”

 

What is the consequence of this decision?

 

The Ministry of Oil wasted nearly four years of time and efforts in an attempt to circumvent the decision of the Federal Court on January 23, 2019 to accept the appeal of several basic and effective articles in Company Law No. 4 of 2018.

In this endeavor, the Ministry took two paths: The first - a project proposal First Amendment Act to the Company Act above. The strange thing is that within a period of less than five weeks, the Council of Ministers issued two different drafts of this draft amendment law, both based on the same meeting and decision of the aforementioned council! I have previously analyzed both drafts, especially in my intervention entitled “The Second Draft of the First Amendment Bill to the Law of the Iraqi National Oil Company” dated October 17, 2019.

As for the second way, it is to take several executive measures, given that the minister is “entrusted with the duties of the president of the company” in addition to his job, in implementation of Cabinet Resolution No. 109 of 2020 and the Ministry of Oil’s letter No. 19507 on September 13, 2020. I have also previously addressed the problems that resulted and will ensue from These executive procedures are before the completion of the legislative procedures related to the draft law of the first amendment to the law of the company, in my intervention entitled “Confusion again in activating the law of the Iraqi National Oil Company” on July 10, 2021.

 

Despite the apparent stumbling in efforts to pass the first amendment bill to the company law, the ministry continued to take executive and contractual measures on behalf of the Iraqi National Oil Company. According to book No. 54 dated July 4, 2021 (this is what I addressed in my intervention entitled “A very important follow-up to the law of the Iraqi National Oil Company” on July 13, 2021).

Because of the failure of the Minister of Oil to respond to the above request, “the House of Representatives voted on Monday, February 28, 2022, to cancel the Cabinet’s decision to assign the Minister of Oil the tasks of managing the National Oil Company” (I addressed this issue in my intervention entitled “The House of Representatives cancels the assignment of the Minister of Oil with tasks Chairman of the Iraqi National Oil Company” on March 1, 2022).

 

It is clear from the foregoing that the failure to present the first amendment bill to the company law, the ministry’s continuation in implementing the executive procedures and contracting in the name of the company, especially by the current daily caretaker government, all contribute to understanding the decision of the Federal Supreme Court under consideration.

 

Accordingly, I believe that the Ministry of Oil should do the following:

 

Ceasing to use the name of the Iraqi National Oil Company

Cancellation of all organizational, administrative and structural measures taken by the ministry in implementation of Cabinet Resolution No. (109) for the year 2020, which includes assigning the current Minister of Oil the tasks of the head of the Iraqi National Oil Company and Resolution (211) of 2021 containing the formation of the company’s board of directors and what decisions followed.
Freezing all profit-sharing contracts with foreign companies in which the company was named, especially the four contracts with the French company Total Energy. Asking
the government to withdraw the first amendment bill to the company’s law and work seriously and with a different mentality and with wide participation to prepare a new proposal for the first amendment bill to the company law that takes into account consideration and abide by the decisions of the Federal Supreme Court and what contributes to the re-formation of a specialized national oil company commensurate with the conditions, requirements, controls and practices of the current century.

I call on my fellow experts, specialists and those interested in the oil sector and the issue of the Iraqi National Oil Company to contribute positively and objectively to assist the Ministry of Oil in achieving the above tasks and correcting the course of re-establishing the company.

[yota691]

Abdul-Jabbar: The decision to dissolve the National Oil Company “shake” the oil industry in Iraq

2022.09.26 - 22:41

 

Baghdad - people   

The Minister of Oil, Ihsan Abdul-Jabbar, said on Monday that the decision to dissolve the National Oil Company "shake" the oil industry in Iraq.  

  

  

  

"I was assigned the tasks of the Ministry of Finance after Ali Allawi's resignation, and I cannot apologize," Abdul-Jabbar said in an interview on Al-Iraqiya channel, followed by "Nas" (September 26, 2022).  

  

He added, "I have filed 38 lawsuits with the Basra Oil Company because of people whose interests were damaged, and all the cases that were filed against me were closed by the judiciary."  

  

The minister pointed out that "there is a large sum of money that was seized in the Ministry of Finance, and integrity has started investigations with the money that was withdrawn from the Rafidain Bank," noting that "there is a theft of public money for a certain department and all those involved have been isolated to conduct investigations."  

  

He continued, "The allegations about the Shell oil company are practices aimed at expelling investment," noting that "Iraq owes Shell about 210 million dollars."  

  

Abdul-Jabbar considered, "The Federal Court's decision challenged the legal effect of the position of the head of the National Oil Company, and that the decision to dissolve the company shook the legal environment for the oil industry."  

  

He stressed, "The decision of the Federal Court regarding the oil and gas law in the region is very fair, and we asked to study the oil contracts, but the administration of the region hesitates to do so," noting that "there are significant differences in contracts and quantities of extraction in the region's oil fields."  

  

The Minister of Oil stated, "If we win the cases filed against Turkey in the international courts, it will pay compensation to Iraq of about 30 billion dollars."  

[yota691]

Minister of Oil: The Federal Court's decision was surprising and very negative for the national economy

• Time: 09/26/2022 22:13:40
•  
• Reading: 7,605 times

  

{Political: Al Furat News} Oil Minister Ihsan Abdul-Jabbar described the decision of the Federal Supreme Court regarding the annulment of completing the steps for establishing the National Oil Company as "surprising."

Abdul-Jabbar said in a televised statement this evening that: "The company is not a new establishment, but was established in 1967 and stopped in 1986, and the decision of the Federal Court challenged the legal effect of the position of the head of the National Oil Company, and we believe that the court will look into the matter because it is a fifth commercial entity in the region."
Abdul-Jabbar added, "I did not expect the Federal Court's decision to dissolve the company, and the justifications included in the decision were surprising."
He noted that "the decision caused the loss of a global position in the energy and oil market and shook the legal environment of the national mask and caused damage to the country, which is a painful and harsh event for the country's economy. The decision to dissolve the company is very negative on the Iraqi economy in the short and medium stage, but the decision remains respected and appreciated."
The Minister of Oil promised, "The Federal Court's decision on the oil and gas law in the Kurdistan region is very fair."
He noted that: "A person was punished by 6 committees with an amount of 7 billion dinars, and he is the husband of a parliamentarian. He has two judgments from the judiciary and was released on bail."
He added, "38 lawsuits were filed against me by the National Oil Company by a parliamentarian whose interests were damaged, and there is now no case or judicial news against me."
Abdul-Jabbar pointed out that "800 million dollars in the Ministry of Finance, which is a very large amount that was seized by a few people."
He stressed that "the British Shell Company does not owe any money to Iraq, and we owe it 210 million dollars, and the allegations about the Shell Oil Company are practices aimed at expelling investment."

[yota691]

Oil Minister: $30 billion in compensation to Iraq if it wins cases against Turkey

Iraqi Oil Minister, Acting Finance Minister, Ihsan Abdul-Jabbar Ismail, archive

 September 27, 2022 12:50 PM

Mubasher: The Iraqi Oil Minister and Acting Finance Minister, Ihsan Abdul-Jabbar Ismail, said that if Iraq wins the cases brought against Turkey in international courts, it will be compensated up to 30 billion dollars.

 

The Minister of Oil added, in an interview with Al-Iraqiya TV, that the decision of the Federal Court regarding the oil and gas law in the region is very fair, noting that the ministry asked to study the oil contracts, but the administration of the region hesitates, stressing that there are big differences in contracts and quantities of extraction in oil fields. Territory.

Ismail pointed out that the decision to dissolve the National Oil Company shook the legal environment for the oil industry, noting that the Federal Court's decision challenged the legal effect of the position of the head of the National Oil Company.

The minister explained that Iraq owes Shell about 210 million dollars, warning that the allegations about the Shell oil company are practices aimed at expelling investment.

Ismail indicated that 38 lawsuits were filed against him with the Basra Oil Company; Because of people whose interests were damaged, indicating that all the cases that were filed were closed by the judiciary.

The Iraqi Oil Minister revealed that there is a large sum of money seized in the Ministry of Finance, amounting to 800 million dollars, and it is in a specific account in the Rafidain Bank and it was illegally withdrawn, pointing out that the Integrity Commission has begun investigations with the money withdrawn from the Rafidain Bank.

He continued, "The news that I seized a piece of land in Al-Daoudi is false and untrue."

The Iraqi Oil Minister pointed out that the start of pumping oil to the Karbala refinery is a great achievement for the current government, noting that the ministry was able to salvage the Basra Gas Company and turn it from a loser to a profitable one.

[yota691]

Parliament hosts Ihsan Abdul-Jabbar to discuss the file of the National Oil Company

• Today 14:57

Information / Baghdad. 

A member of the Oil and Gas Committee, Ali Shaddad Al-Faris, revealed, on Saturday, the proximity of hosting the Minister of Oil, Ihsan Abdul-Jabbar, and the advanced cadre in the ministry to discuss some details related to the Federal Court’s decision related to the National Oil Company. 

Al-Faris said in an interview with the "Information" agency, "The Oil and Gas Committee intends to host the Minister of Oil, Ihsan Abdul-Jabbar, and the advanced cadre in the ministry to find out many files related to the management of the National Oil Company."

He added that "the ministry recently issued administrative orders in a random way to transfer some general managers and specialists from one company to another." 

He pointed out that "the committee will discuss many important files to know the most important achievements of the ministry during the past period and what are the future projects." 

He explained that "the National Oil Company has concluded contracts during the past months that may harm the public interest." finished 25 h

[yota691]

International report: Cancellation of the oil company opens the door to the return of global investments

 

- 10-11-2022 09:22 AM - Read: 7054

 

An international report confirmed that Iraq is on the cusp of the return of global oil investments, expecting the volume of production to reach 12 million barrels per day.

The report, published by (Oil Price), stated that “the international oil expert Simon Watkins indicated in his report on the Iraqi oil sector that the decision of the Federal Supreme Court to cancel the Iraqi government’s decision to establish the National Oil Company has restored the field again for international oil companies to invest in Iraq.” “.

The report added, "Watkins confirmed that a new investment by international oil companies in the Iraqi oil sector would move the country a step closer; It aims to increase production in the long term.

He pointed out that "Watkins mentioned that among the international oil companies that may reinvest in Iraq is the French company (Total), which signed a contract with the Iraqi Oil Ministry last February worth 27 billion dollars; To implement four projects in the oil and gas sector.

And the report indicated, "After this step, Iraq may eventually be able to make leaps in the field of developing production in the oil and gas sector through the use of investments by international oil companies."

He promised, "Total Energy's deal of four projects is a solid starting point towards achieving this goal."

The report stated, "The first project related to the extension of water pumping pipelines to oil fields is very vital to enable Iraq to reach its goals of achieving a crude oil production rate of 7 million barrels per day over a longer period, and until after that it reaches an average of 9 million barrels per day and perhaps 12 million barrels per day.

And he noted, "The first phase includes the completion of the normal sea water supply project, which will witness the initial investment from the first phase at a value of $3 billion."

The report concluded, that "this includes withdrawing water from the Arabian Gulf, treating it, and then transporting it through pipelines to oil production facilities to maintain the continuity of pressure in oil wells to extract crude oil from the ground and the perpetuation of high production rates in oil fields."

He stressed, "The plan of the regular sea water supply project, which has been much delayed, will initially be used to supply approximately 6 million barrels of water per day for at least five oil fields in Basra and another field in Maysan Governorate, and then lay pipelines for use in other fields."

He continued, "The second phase of the projects is of high importance and an urgent necessity as well, as it includes the collection and processing of associated natural gas, which is currently burned in five oil fields in southern Iraq, which are West Qurna-2 field, Majnoon field, Tuba field, Al-Luhais field and Artawi field."

The report spoke of "the possibility of (Total) investing $2 billion in the first phase of this project by building an associated gas processing plant."

It quoted "Iraqi Oil Minister Ihsan Abdul-Jabbar's comments last year, which highlighted that this project is expected to produce 300 million cubic feet of gas per day and double this number in the second phase of project development."

The report goes on, "Abdul-Jabbar said at the time that the gas that would be produced from the second phase of the Total project will also help Iraq reduce its import of gas from Iran."