Parliamentary meeting today to agree on a standard format for the oil law

30/9/2012 0:00

MPs expressed their hope to reach a national agreement
BAGHDAD - morning
acquires Committee meeting temporary special to look at drafts of oil and gas law on Sunday great importance on the road to reach a uniform law of oil and gas that regulates the relationship between the federal government and the regions and governorates not organized province in the field of oil and called opportunities and promising to expand oil cooperation and investment with international companies.
counting deputies in the Oil and Energy Committee and the Interim Committee in remarks quoted by the information department in the House of Representatives in a statement received "morning," a copy of it, to settle the obstacles that stand in the way of the law is long overdue since 2003, which will contribute in the development of the oil industry and the advancement of the oil sector battered because of the situation that passed in Iraq during the past years.
committee includes temporary special membership each of purity of net debt and Minister of State for Parliamentary Affairs representative for the National Alliance and MP Adnan al-Janabi, head of the Oil and Energy Committee representative for the Iraqi List and MP Farhad Atrushi representative from the Kurdistan Alliance, as well as Abdul Karim and coffee Federal Oil Minister and Ashti Hawrami, Minister of Oil and Natural Resources in the Kurdistan region, where works of this committee under the supervision of the Presidency of the Council of Representatives, which seems determined to speed up the legislation law during the next phase it represents one constitutional requirements mission, which has received wide attention on several levels locally, regionally and internationally.
said MP Ali Fayad, Vice Chairman of the Commission on oil and gas: "The House of Representatives and the Oil Ministry in the central government and the Kurdistan region look to the great importance of being treated dilemmas and powers of existing and organizes productive forces." and left a meeting in parliament recently, an agreement to form a small committee to resolve the differences on drafts of the oil law and seek to prepare law consensual new. Article (111) of the Constitution reads as follows: oil and gas is the property of all Iraqi people in all regions and provinces, while Article (112) as follows: First: The federal government will administer oil and gas extracted from current fields with the governments of producing regions and provinces, to be distributed and imports fairly commensurate with the population distribution in all parts of the country. For his part, MP Farhad Atrushi member of the Special Committee temporary, that "the formation of the committee was made ​​after the last meeting of the Legal Committee and the oil two weeks ago and reached the decision to form a committee called the Committee of Five that will find a draft or bill for oil and gas agreed upon by the parties large be mainly for first read and procedures legislative which then will be on the draft amendments as requested by the House of Representatives. "