Decide to go the parliamentary energy conducted a combination of drafts of the law of oil and gas
05/12/2011 07:42

Baghdad, December 5 (Rn) - The Commission on oil and energy parliamentary Monday that its members agreed on the need to speed up legislation to the law of oil and gas, indicating that the agreement will ensure progress in combining the drafts of the law out of the draft agreed.

Legislation is still the law of oil and gas in Iraq is the biggest challenge in front of the political forces in spite of oil represents more than 90% of the country's imports.
The most prominent differences in the law, the agency responsible for the management of oil wealth, while the federal government is trying to keep the central administration in the provinces and see the wealth of the Kurdistan Regional Government's position is contrary to the Constitution and political agreements.

The decision of the Committee Qassem Mohammad, told the Kurdish news agency (Rn), "The agreement was within the Commission included an emphasis on accelerating the enactment of the oil and gas, along with agreement to proceed with a process of combining three drafts to get out with a draft consensual and consistent with the Constitution of Iraq."

He said Mohammed, a member of the Kurdistan Alliance that "the draft law of oil and gas for 2007 and agreed to include the material in violation of the Iraqi Constitution, so it can not be adopted," adding that "the draft of the new government did not take into account the partnership and the political consensus and adopted on the vote which is contrary to the agreements."

The rejection of the Kurdistan region recently a draft law of oil and gas approved by the Iraqi government and sent to the House of Representatives for approval.

He says the region that the draft law, however, focus the powers of the Federal Government in the management of oil wealth at the expense of the region and the provinces, as it passed by the Council of Ministers, without due process of law.
There are several pending issues between Baghdad and Erbil, especially one of the disputed areas and the budget of the Regional Corps (Peshmerga), but the strained relationship surfaced recently, after the rejection of a draft of the Kurdistan Region Oil and Gas Law approved by the Iraqi government.

Under the terms of a Erbil agreements, provided that he agrees on the law of oil and gas, but the region accuse the National Alliance circumvent the conventions and pass the bill without taking the position of the Kurds.
The roots of the crisis between Baghdad and Erbil to oil contracts had been entered into the region with international oil companies without the consent of the Federal Oil Ministry contracts that were considered "invalid" and contrary to the Constitution.

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

The law will determine the party that controls the vast oil reserves, Iraq's 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.