Iraq calls for a temporary advisory body to draw the oil policyBaghdad, March 10 / March (Rn) - The experts in the Iraqi economy Saturday to the formation of an advisory body to oversee the policy-making oil in the country in an effort apparently to widen the circle of decision-making. Economists say Iraqis should establish a Council of the oil to stop the oil ministry of exclusivity decisions But he is witnessing is the other witness differences as well as oil and gas law. According to the constitution, the Federal Council for Oil and Gas shall supervise the management of oil wealth in the country and field development and supervision of the oil agreements and the preparation of draft laws which will be concluded with foreign companies and then approval. said Iraq's economic Ahmed Abdullah, told the Kurdish news agency (Rn) that "the Iraqi government demanding the establishment of an advisory board perform the functions of the Council of the Union Oil to draw a political oil and resources in the country." said Ahmed, a member of the Iraqi chambers of commerce that the formation of the Union, the oil is not only after the approval of the oil law and gas. and rejects the Kurdistan region of Iraq strongly draft law of oil and gas brought by the Iraqi Council of Ministers to the Legislative Council for approval and a student drag and make adjustments. The roots of the crisis between Baghdad and Erbil to oil contracts was the region has entered into with international oil companies without the approval of the Federal Ministry of Oil which was considered contracts "invalid" and contrary to the Constitution. Ahmed said that he should be "to form a committee of trustees or advisers follow the work of the Ministry of Oil and closely monitor the course of oil transactions with international companies and the mechanism of oil marketing until the formation of the Federation Council the oil." Iraq has signed a series of oil agreements with major companies trying to which would increase oil production to four times its current size. The economist said Hamza Jeweler's (Rn) "This idea is aimed at addressing the imbalances in the exploitation of Iraqi oil politically. I think it may contribute to addressing the problems of oil in a professional manner." He said, "took advantage of file-oil in Iraq in Sih during the previous period because of overlapping political interests on the economic interests of the Supreme. " He pointed out that the project to establish an advisory body high for the oil ministry will reduce the overlap between the governments in Baghdad and Erbil will strengthen Iraq's ability to separate the oil sector from politics. A member of the Committee on Oil parliamentary Firat Shara's (Rn) that this idea needed to cover legal guarantees its work properly and identifies tasks legal according to a regular mechanism because it will take the role of coordinator between legislation and implementation. "The establishment of an advisory council puts us in a problematic new at the current stage, especially with the continued granting of positions in the sector oil on the basis of quotas and party affiliation. " and the failure of the House of Representatives Bdorth previous pass oil and gas law, which was expected to rise oil situation if approved. The government has said Iraq, said Iraq's production amounted to 3 million b / d of crude oil for the first time since 2003. and Iraq has the fourth-largest oil reserves in the world is estimated at 115 billion barrels. From: Jafar Allonan.
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