Parliamentary power: law and national oil company of the priorities of our work
Parliamentary power: law and national oil company of the priorities of our work
13.12.2016 11:03
[Special Oan-]
announced that the Commission on oil and energy parliamentary, that the legal Oil and Gas National Oil Company legislation will have priority in its work in the next legislative term.
Committee Chairman Ares Abdullah, told all of Iraq [where], “We have the Ministry of Electricity Act and we will start at the beginning of the next legislative term, and there is also a legal attempt to oil and gas legislation and national oil company.”
He pointed out that his committee ” has embarked on the legislative term of the previous several important laws , including the Atomic Energy Act and the exemption of foreign and local companies from fees.”
He said Abdullah “We as a committee we have made great efforts in the legislative and regulatory side and we had a distinct role in the monitoring and control of the ministries of oil and electricity , and there is cooperation between the Commission and these two ministries for the success of the work of parliament and the government together.”
The federal government and the Kurdistan Regional Government once made 17 of December 2014 oil agreement to export the region 250,000 barrels of production with 300,000 barrels of the province of Kirkuk fields in exchange for pay Baghdad Kurdistan ‘s share of the federal budget by 17%, and this is what was agreed upon in 2017 budget
is at loggerheads for years between the center and the region to export the power and confined in the absence of oil and gas inactivated law passed for years, but the two sides reached in December 17, 2014 an agreement to export the region 250,000 barrels of production with 300,000 barrels of Kirkuk province , fields vs. to pay Baghdad Kurdistan ‘s share of the federal budget by 17%.
The oil and gas law had previously introduced in the previous legislative session of the parliament did not get the agreement passed.
alliraqnews.com
