Special / prepare a new draft law of oil and gas to activate the role of “Sumo” in oil export (HCL)
Special / prepare a new draft law of oil and gas to activate the role of “Sumo” in oil export (HCL)
BAGHDAD – Iraq Press – February 18 2015
Revealed the oil ministry for preparation of a new draft law of oil and gas being out of work now.
A spokesman for the Oil Ministry, Assem Jihad, L / Iraq Press / he “is now being prepared will be the general contours legally put the national interest above all else, while ensuring an equitable distribution of oil wealth and that is subject to the law when they discuss in the parliament for the same consensus that characterize the process of law-making in Iraq, “he said, adding,” The new version which will be a significant role for the Oil Marketing Company Sumo as a national company mission export of Iraqi oil at world prices and the conclusion of contracts with international companies as well as the representation of Iraq in the Organization of Petroleum Exporting Countries, OPEC. “
“The insistence on making SOMO primarily responsible for the export of oil as Iraq tool to implement its commitment to transparency through published monthly, which includes all data and details of the exports of Iraq’s oil, including the quantities and prices of the contracting entities to serve the strengthening of Iraq’s international status and reputation in this area especially since it is in the TI and implemented by the consequences of this membership obligations. ” Admiral ended
iraqpressagency.com
