Jubouri consultant: the possibility of the success of the adoption of the oil law depends on two stages

August 26, 2015

The head of the House of Representatives for Energy, Ali Fayyad, Wednesday, that the success of the adviser approving the oil law will only be Bmarora two phases, indicating that the law is still at the government.

Said Fayad, in a press statement, said that "oil and gas law passed difficult stages and the difference of opinion between the blocks, the holidays passed and its implementation on the ground, in order to be achieved effectively, it must pass the first two stages provides for the formation of the Federal Council for Oil and Gas and managed by the Prime Minister Government members and some key producing provinces with the participation of representatives, independent and specialized elements in this area, to draw the Council's energy policy in general in the country. "

"The second phase will focus on the adoption of the Law of the national oil company, especially p read the first reading at the last session, and now needs to approve," adding that "This is commensurate with the aspirations of the founding of this company to be the parent company of extractive companies in the country and accede Crude oil marketing company. "