Parliament to postpone Oil and Gas Law once again to after Eid Holiday

[Neapolitan]

Parliament to postpone Oil and Gas Law once again to after Eid Holiday

August 17th, 2011 10:40 am · Posted in NEWS (Iraq & World Currency)

Oil and Energy are to postpone the parliamentary read the law of oil breach of the rules of procedure

Announced the Commission on oil and energy in the Iraqi Council of Representatives, on Wednesday, the postponement of reading the law of oil and gas until after the Eid al-Fitr holiday, and while the delay was considered a breach of the rules of procedure of Parliament, stressed that the issue is not the welfare of the Iraqi people.

He said the Commission’s decision Qassim Mohammed said in an interview for “Alsumaria News”, “70 deputies and nine members of the Commission on oil and energy demanded the introduction of the law of oil and gas on the agenda of the House of Representatives,” noting that “the presidency of the Council postponed the first reading of the draft law until after the holiday gala mushrooms. “

He said Mohammed to postpone reading the draft law “breach of the Rules of Procedure of the House of Representatives,” stressing that “may not be in accordance with the procedure after the postponement of a paragraph included in the agenda the meeting and move to another paragraph.”

He said that Mohammed “to postpone reading the law is not the welfare of the Iraqi people which is good.”

The Council of Representatives on Wednesday, its 24-year second legislative headed by President of the Council Osama Najafi and the presence of 225 deputies, while the parliamentary source that the meeting will host the Deputy Prime Minister for Energy to discuss contracts and the Ministry of Electricity Phantom, and complete the discussion of the government program, and the first reading of the proposal oil and gas law.

The National Alliance, announced on Wednesday, his withdrawal from the parliament session, which was held the 24-day, after his objection to the first reading of a proposed oil and gas law in parliament directly, without submission to the relevant ministries, filed with the Presidency of the Council meeting of one hour.

The cabinet approved the draft law of oil and gas in 2007, but faced opposition from the Kurdistan region of Iraq on the sharing of oil revenues and control over some fields in northern Iraq.

The Office of the Deputy Prime Minister for Energy, Hussein Shahristani, the second of July, the government introduced some amendments to the draft oil law, which is long overdue and reviewed by the Energy Commission, the Council of Ministers.

Announced in the Kurdistan Alliance, the ninth of August, the current support for the draft law of oil and gas in Iraq prepared by the Commission on oil and energy, and voted unanimously by the members of 16, and submitted it to the Presidency of the Council of Representatives.

The law will determine the party that controls Iraq’s vast oil reserves, the fourth-largest reserves in the world and also aims to attract foreign investors.

Iraq and select a target to increase production capacity to 12 million barrels per day by 2017 from about 2.7 million barrels per day currently

http://translate.google.com/translate?hl=en&prev=/search%3Fq%3Dnahrain%26hl%3Den%26client%3Dfirefox-a%26hs%3Dbh9%26rls%3Dorg.mozilla:en-US:official&rurl=translate.google.com&sl=ar&twu=1&u=http://www.alsumarianews.com/ar/1/26572/news-details-Iraq%2520politics%2520news.html

[FRUSTRATED]

I don't see this happening until the security seats are finalized and the power struggles are settled because of the fact that the HCL determines which political party controls IRAQ'S OIL!!!!!!!!!! Shabibi has always said he needs security before a RV can happen so we may have to wait a while longer.

[thatoneguy]

Why can't they understand that they don't have to like each other or even agree? They DO have to learn to work together for the greater good of Iraq, and it's future.

[armondtoth]

I think they need to postpone paying the ministers until they vote.

[OregonHopeful]

Why can't they understand that they don't have to like each other or even agree? They DO have to learn to work together for the greater good of Iraq, and it's future.

Our Government can't even get this right and agree on what is the greater good of the USA!

[army03]

Sept is getting closer to the end of the year. Wake up investors I'm just saying..