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jimpickles
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Deputy for Iraq: oil and gas law will be adopted after ratification of the strategic policies

Posted: February 10, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics

Tags: Ayad Allawi, Council of Representatives of Iraq, Iraq, iraqi list, Oil field, Oil Ministry, OPEC, United States National Security Council

The deputy of the Iraqi List, said Thursday that oil and gas law will be approved in the Iraqi Council of Representatives after the adoption of the Law Council of strategic policies.

Watermelons, “Jamal told the Kurdish news agency (Rn) that” the law of oil and gas law will adopt the following strategic policies as will a lot of differences over oil policy in the country. “

Nor approved to now the law of Council policies strategy, although the agreement of the political blocs such as the announcement of the formation of the Government to be the boss Iyad Allawi before the meeting of the Council of Representatives first, which is part of the executive and to replace the National Security Council, as well as other tasks, and need to Minister each according to its competence in the presence of the meetings held in the fields of competence as it is present at the Council of Ministers.

The committee, the parliamentary oil and energy, the earlier that the law of oil and gas requires a political consensus between the blocks before they are discussed within the Commission, stating that the law may be voted on during the ten days provided that the political agreement.

The melon that “the Iraqi List, has no objections to the wide current version of the oil and gas law and will work to pass it as soon as possible in order to raise the ceiling on Iraqi oil exports.”

He called economists earlier in the House of Representatives need to enter the Iraqi Council of Representatives an amendment to paragraph 18 of the oil and gas law relating to the establishment of the Federal service and the voting for the organization of the oil wealth in the country, in order to limit the function of the Federal service to supervise the mechanism of action of the Ministry of Oil and its affiliates .

He watermelon that “failure to approve oil and gas law that mean the process of extracting oil in the country and increase its production because of the problems between Baghdad and Arbil, and the uncertain nature of the relationship between the two oil law.”

And the failure of the House of Representatives to pass previous oil and gas law, which was expected to rise if approved oil situation.

And announced that the Iraqi Oil Ministry in September last year that crude oil inventories in the country was 505 billion barrels of discovered fields that $ 66 oil fields, with total recoverable reserves of 143 billion barrels of oil.

And make Iraq last year, three rounds of licenses for oil investment oil stock resulted in the victory of international companies from several nationalities.

Plans to increase Iraq’s oil exports during the next six years to 12 million barrels per day after obtaining the approval of the world’s oil (OPEC)

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Here is the article:

Deputy for Iraq: oil and gas law will be adopted after ratification of the strategic policies

Posted: February 10, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics

Tags: Ayad Allawi, Council of Representatives of Iraq, Iraq, iraqi list, Oil field, Oil Ministry, OPEC, United States National Security Council

The deputy of the Iraqi List, said Thursday that oil and gas law will be approved in the Iraqi Council of Representatives after the adoption of the Law Council of strategic policies.

Watermelons, “Jamal told the Kurdish news agency (Rn) that” the law of oil and gas law will adopt the following strategic policies as will a lot of differences over oil policy in the country. “

Nor approved to now the law of Council policies strategy, although the agreement of the political blocs such as the announcement of the formation of the Government to be the boss Iyad Allawi before the meeting of the Council of Representatives first, which is part of the executive and to replace the National Security Council, as well as other tasks, and need to Minister each according to its competence in the presence of the meetings held in the fields of competence as it is present at the Council of Ministers.

The committee, the parliamentary oil and energy, the earlier that the law of oil and gas requires a political consensus between the blocks before they are discussed within the Commission, stating that the law may be voted on during the ten days provided that the political agreement.

The melon that “the Iraqi List, has no objections to the wide current version of the oil and gas law and will work to pass it as soon as possible in order to raise the ceiling on Iraqi oil exports.”

He called economists earlier in the House of Representatives need to enter the Iraqi Council of Representatives an amendment to paragraph 18 of the oil and gas law relating to the establishment of the Federal service and the voting for the organization of the oil wealth in the country, in order to limit the function of the Federal service to supervise the mechanism of action of the Ministry of Oil and its affiliates .

He watermelon that “failure to approve oil and gas law that mean the process of extracting oil in the country and increase its production because of the problems between Baghdad and Arbil, and the uncertain nature of the relationship between the two oil law.”

And the failure of the House of Representatives to pass previous oil and gas law, which was expected to rise if approved oil situation.

And announced that the Iraqi Oil Ministry in September last year that crude oil inventories in the country was 505 billion barrels of discovered fields that $ 66 oil fields, with total recoverable reserves of 143 billion barrels of oil.

And make Iraq last year, three rounds of licenses for oil investment oil stock resulted in the victory of international companies from several nationalities.

Plans to increase Iraq’s oil exports during the next six years to 12 million barrels per day after obtaining the approval of the world’s oil (OPEC)

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