Iraq moving to resolve a compromise to resolve the issue of management of oil wealth

28/09/2011 10:31

Baghdad, September 28 / September (Rn) – The Commission on oil and energy parliamentary Wednesday, she is currently studying three drafts of the oil and gas law the controversial between Baghdad and Erbil, but the resolution a paragraph manage the oil wealth within the law will depend mechanism consensus resolved because of the sensitivity created by the local governments The province and the center.

The government has decided to Erbil province on Tuesday to send a political delegation to Baghdad next week for the purpose of entering real negotiations with the leaders of political blocs on the differences between the province and the center led by the issue of management of oil wealth.

Tensions between the governments in Baghdad and Erbil, the regional Federal recently after he refused to Kurdistan Region draft oil and gas law approved by the Iraqi government.

He says the province, said the draft law, however, focus the powers of the Federal Government in the management of oil wealth at the expense of the provincial territory, as it passed by the Council of Ministers, without due process of law.

A member of the Baha Hadi, told the Kurdish news agency (Rn), that “his committee began to study three drafts of the law of oil and gas, but would postpone a paragraph manage the oil wealth within the law because of disputes revolving about it.”

He said Hadi, a member of the coalition of state law, led by Prime Minister Nuri al-Maliki that “the federal government based on constitutional provisions to give them the management of oil wealth, while the provinces based on the law in the distribution of powers in the oil policy.”

He added that “90% of the paragraphs in the draft oil and gas law agreed,” adding that “resolving the controversial issue regarding the management of oil wealth will be through consensus among all parties.”

Under the terms of agreements Erbil A, provided that he agree on the law of oil and gas, but the region have accused the National Alliance circumvent the conventions and pass the bill without taking the position of the Kurds.

Says the Baghdad government that the oil according to the Constitution belongs to the Iraqi people are not entitled to any province or territory that simplifies the control of the oil wealth.

The roots of the crisis between Baghdad and Erbil to oil contracts The region has consensus reached with international oil companies without the consent of the Federal Oil Ministry contracts that were considered “invalid” and contrary to the Constitution.

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