Specialists are demanding the Iraqi government and parliament to expedite the approval of oil and gas law
Specialists are demanding the Iraqi government and parliament to expedite the approval of oil and gas law
10/11/2014 (0:01 pm)
BAGHDAD / Ibrahim Ibrahim
While experiencing the global oil market, a sharp drop in prices, specialists of the Iraqi government and the House of Representatives called for action on the approval of the oil and gas law to address the financial crisis facing the country as a result of the loss of the general budget of approximately 30% of its resources, stressing that the formation of a higher council for the management of oil aggravates problems between the federal government and local administrations of the oil-producing provinces.
The economist said Mustafa Mohamed Habib “long”, “The failure to activate the special oil-powered law cause of ongoing problems between the oil-producing provinces and the federal government.”
He added that “the House of Representatives, which is the only legislative body in the country bears the bulk of the delay in the enactment of the oil and gas law, which the government sent him in 2008 the process, so it can not establish a Federal Council for the management of energy without the foundation of the oil law.”
Habib explained that “the constitutional article you need to lawmaker law to show the exact mechanism of action, so contradictory views emerged among the various executive bodies in the oil provinces and between the federal government on the other hand.”
He said the “equitable distribution of wealth, particularly oil is not only through the approval of the oil and gas law in addition to the creation of a special fund for oil revenues according to a special system to ensure justice among citizens in various provinces.”
He stressed that “the formation of new bodies and councils disperses decision and paid to the widest differences because it will be according to the quota system without resorting to partisan competencies and experiences that could have transported the oil sector to the advanced stages in record time.”
And announced that the Commission on oil and energy parliamentary, on their quest to establish a federal board to approve the oil through the oil and gas law, as pointed out to the importance of oil and gas law in the next stage to end the differences between the center and the Kurdistan region regarding the oil.
A member of the Committee MP Hussein according to a press statement, “The committee is seeking to approve the draft the founding of the Federal Council for Oil and the law of oil and gas law, to end all disputes between the KRG and the federal government on oil.”
He pointed out that “the Oil and Energy Committee is working hard to approve oil and gas law through to reach an agreement between all the political blocs to pass the draft law are high for the purpose of admissibility of the vote.”
“The oil and gas law is the main gate to the passage of the founding of the Federal Council of the oil law, and without it you can not establish the Council,” pointing out that “the Council when formed will contribute to the development of the oil industry and end all differences and draw the oil policy of the country.”
He called a number of officials and economists, earlier, the government to the need to adopt a new economic vision, and stressed the importance of adopting a new mechanism for the management of the country’s economy through the use of research, experts and leave the old mechanisms, as they stressed the need to focus on oil sectors, which represent the backbone of the financial state .
For his part, the former deputy head of the Central Bank of the appearance of Mohammed Saleh for “long-Press”, “The importance of the seminar is to represent the opinion of civil society organizations, any public opinion in Iraq in the assessment of the government program.”
Saleh pointed out “made several proposals to be included in the government program, is to establish a higher council for the reconstruction of major tenders refer to tackle corruption, and the establishment of a foreign company to assess the Iraqi oil contracts before the approval for the removal of suspicions about corruption.”
Saleh said that “proposals also included a call for the adoption of converting oil wealth into human wealth policy, by raising allocations to 20%, as well as to promote the idea of development regions, and the establishment of banks for Iraqi expatriates and invest their money for the benefit of Iraq.”
A member of the Commission on oil and parliamentary power, earlier, that the Commission is currently working on a study of ten bills sent to it by the Presidency of the Council of Representatives recently, revealing that the most important of those relating to oil and gas and the budget, and they are working on two draft concerning oil and gas for years because of disagreements over the powers regions.
The Commission has held, that work without naming her Head, three meetings to date, and is considering hosting the oil minister to ask him about the vulnerability of the country’s economy a fall in world prices, unexpected drop in oil to $ 70 a barrel, a loss of nearly one-third of any financial returns.
The global market is witnessing a sharp decline in oil prices not seen since more than two years, while Brent oil price per barrel was $ 115, and reached its price at the beginning of this month to $ 95, while arrived on Monday to $ 82.
He says committee member, Ibrahim Bahr al-Ulum, in an earlier interview to the newspaper “long”, “The Committee held three meetings in which way the map discussed the next four years in the performance of its legislative and oversight functions”, and refers to that of “the things that are discussed in these successive meetings Hosting the issue of the oil minister, Adel Abdul-Mahdi, and experts in my energy and electricity, as well as the Committee to discuss the division of the sub-committees specialized sectors of oil, electricity, gas and minerals and renewable energies mechanism. ”
Plans Presidency of the Council of Representatives package of important laws such as oil and gas, which would ease the lot of the relationship between the KRG and the federal government the problems of legislation, as the former oil minister, stressing that “the Presidency of the Council of Representatives referred to the Committee by a few time, ten bills had reached to them by the previous government. ”
Explains Bahr al-Ulum, that “the Energy Commission will review these projects in preparation to be submitted for the first reading and then vote on them within the House of Representatives,” He continues that these “projects include oil and gas law, and the national oil company, and the salaries of the oil ministry staff, and second amendment to the law of private investment liquidation Crude Oil No. (64) for the year 2007, the Atomic Energy of Iraq, the general budget in 2014 if they come from the government, and modify the compulsory insurance of motor vehicle accidents No. 52 Bill, the exemption of foreign companies and subcontractors foreign contractors law in licensing rounds decades of fees, and the bill determine the producing provinces and non-oil producing share. ”
He goes on a former oil minister, that “some of those projects inevitably exclusively to the Committee on Energy and the other for more than a committee of the Federal Kalmoisna that share the Legal and Financial Committee, the economy and investment,” and expresses the hope that “the completion of those projects and submit them to the parliament in record time.” And confirms the Bahr al-Ulum, that “the project of oil and gas law, which arrived to the Committee, which includes versions of the previous government submitted to Parliament in 2008 and 2011″.
For his part, the oil minister, Adel Abdul Mahdi on his social Facebook to communicate, the importance of removing all the bureaucratic issues that often projects crashes, and criticized the “invoke” the mechanisms of obstructive formality, may be in the visas, or request and document the vaccine or the tax from foreign experts coming to work in the country, saying that “all these things Off to work.”
The new oil minister, said that “the future of our aspirations to make the economic capital of Basra, Iraq must all sectors in the development of the oil wealth is the most important sector and ports, roads and petrochemicals, and the development of social and demographic situation.”
The minister criticized the excessive restrictions on projects in the provinces, by the central authorities, which led to the delay of construction and losses of money, said Abdul-Mahdi, that required “to adhere to the concept of speed in the work and the quality of production, and not the absolute quality that may not be reached to accomplish, and often Projects under the pretext of crashes and high-quality specifications and absolute, “and added,” come selectively specifications, obstructive to hundreds of projects that make Iraq is losing hundreds of millions, and lead to lower production levels. ”
Article 112 that “The federal government oil and gas extracted from current fields in management with the governments of the regions and producing provinces, while the federal government and the governments of producing regions and provinces together will draw up the necessary strategic policies to develop oil and gas wealth.
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