Vote on HCL (oil and gas law) in next legislative term

BAGHDAD / JD / .. revealed to the Commission on oil and energy parliamentary submitted a draft law of oil and gas in the Iraqi parliament after the end of the legislative term holiday.

A member of the Committee and the National Alliance MP Uday al-Awadi’s / JD /: B’datalh legislative term he entered the Parliament will be put oil and gas law for its own legislation, to resolve the current crisis between the central government and the region add to the problems of many terminate this law and explained, “The problem is escalating between the central government and the Region Kurdistan’s oil back on the lack of clear legislation. “

And between a member of the Commission on oil and energy parliamentary deputy for the National Alliance, “The enactment of the oil and gas represents a clear mechanism in the solution depends upon the outstanding problems between the Baghdad government and the region.”

He was a member of the Energy Committee in the previous parliamentary session Hadi al-Hassani, had said in a press statement that all the current differences on oil and gas law will be resolved in the event of an agreement on legislation that supplements the four of the law, stressing that these supplements will explain how to deal with the producing fields and non-producing and undeveloped and undiscovered .

Hassani said the 2007 version of the oil and gas law defined oil-producing provinces and therefore there is no any differences on this issue, as it gave the provinces the right to participate in the Federal Council for Oil and Gas. Observers believe that the enactment of the oil and gas in Iraq would end the differences existing between the central government and the Kurdistan Regional Government and the rest of the Iraqi provinces, as it will represent an investment of vast oil wealth in Iraq with an estimated reserves of about 143 billion barrels.

Iraq exports crude oil from the ports of Basra and Khor al-Amaya in the Persian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean, and through the truck by truck to Jordan, and Iraq currently produces about 2.0005 million barrels of crude oil per day, and the proportion of exports from the Basra oil 90% , while the remaining issue of Kirkuk. The cabinet approved the draft law of oil and gas in 2007 but faced a Kurdish protest, and observers believe it represents the differences between Arbil and Baghdad on oil revenue sharing and control of some fields in northern Iraq and the Kurdistan region.

It is noteworthy that the Presidency of Parliament rose, the fortieth session to the fourteenth of June, after a majority vote on the new range for the accountability and justice, consisting of seven people, and to postpone the vote on the dismissal of the Mayor of Baghdad Sabir al-Issawi .