Oil and Energy Commission confirms that the enactment of the oil and gas will be followed by the formation of the Federal Council : 24/07/2012 11:55

BAGHDAD / Center Brief for the Iraqi Media Network – confirmed to the Commission on oil and energy in the House of Representatives that the formation of the Federal Council for Oil and Gas in the country will be after the completion of the enactment of the oil and gas in the House of Representatives.

The decision of the Parliamentary Committee Qasim Muhammad’s (Center Brief for the Iraqi Media Network) that “this Council of the bodies the task and formed a long-delayed result of disagreements over the law of oil and Algasalve includes under his tent, many of the procedures and laws, the task ahead of its own legislation in order to move them, including the formation of this the Council. “

And Mohamed that “the issue of the enactment of the oil and gas experienced during the past few days some relaxation after a meeting between the committees of the oil and energy, legal, with the presidency of the House of Representatives where it was decided a meeting of the two committees next week to choose a copy of the draft laws submitted in this regard for the purpose of discussion in the House of Representatives.”

“The projects presented correspond to the opinions of different even within the Commission on oil and energy Some members of the committee supports the draft law of 2007 and the other supports the draft of 2011 and the upcoming meeting will resolve this dichotomy by choosing one drafts or make or enter changes to one of them and submit them for discussion in the House of Representatives.”

And the Federal Council for Oil and Gas Commission is proposed in the draft in 2007 to the law of oil and gas in Iraq. Under the bill, will be awarded to the Council the power to review all contracts and determine the policies of the oil and gas and give the Council a crucial role in the future development of the oil sector in Iraq, and effective control over its natural resources

In 2011 progress draft laws contenders – one by a parliamentary committee, and the other by the Iraqi Council of Ministers – and presented to the Iraqi parliament, and includes both projects modify the role of the Federal Oil and Gas specified in the original bill for the year 2007.

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