Jubouri consultant: the possibility of the success of the adoption of the oil law (HCL) depends on two stages
Jubouri consultant: the possibility of the success of the adoption of the oil law (HCL) depends on two stages
26-08-2015 03:02 PM
Stressed adviser Chairman of the Board of Representatives for Energy, Ali Fayyad, Wednesday, that the success of the adoption of the oil law will only be Bmarora two phases, indicating that the law is still at the government.
He said Fayad, in a press statement, that ‘oil and gas law passed difficult stages and the difference of opinion between the blocs malfunction approval and implementation on the ground, in order to be achieved effectively, it must pass the first two stages provides for the formation of the Federal Council for Oil and Gas and managed by the Prime Minister and some government regulars with the participation of producing provinces representatives of the member, and the elements of an independent specialist in this field, to draw the Council’s energy policies are year in the country ‘.
He said Fayad, in his speech to’alqirtas News’, the’ second phase will focus on the adoption of the Law of the national oil company, especially p read the first reading at the last session, and now needs to pass’, saying that ‘this matter commensurate with the ambitions of the founding of this company’s parent company extractive companies to be in the country and are joined by the crude oil marketing company ‘.
He added that ‘achieving levels above possible to succeed in approving the law, especially since the current version does not fit with the current stage witnessed by the oil arena in the world and Iraq, especially the requirements’.
He said Fayad, that’ the law is still when the government did not send so far to the House of Representatives in order to discussion or consideration and adoption ‘, pointing out that’ the government formed a Committee to study it.
“The Iraqi government announced, in the 28th of August, 2011, on the ratification of the draft oil and gas law, and decided to forward it to Parliament for approval, while announced at the time vice-president’s office Minister for the former energy Hussain al-Shahristani, on the second of July 2011, the government introduced ‘some changes’ to the draft oil law, which is long overdue and reviewed by the Committee on Energy Council of Ministers, and since that time it is in the House of Representatives inclusion has not been discussed or even put to read because of the intensification of the dispute before it, particularly from the Kurdistan Alliance and a coalition of state law.
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