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The law of the National Oil Company will be ready to vote in the coming weeks
Readers
29-07-2017 03:10 PM
The Euphrates -
The oil and energy parliamentary committee announced that the law of the National Oil Company will be ready to vote in the next few weeks or months, as revealed a meeting next week with the Ministry of Natural Resources in the Kurdistan Regional Government to listen to her opinion and reach a formula for agreement on the law.
Chairman of the Committee, Areez Abdullah, said in a press statement that the oil and energy committee of the Parliament is continuing to enact the law of the National Oil Company, which completed the first reading is currently in the discussions, indicating that the law will be ready in the next few weeks or months to vote. To establish a national oil company and dismantle its association with the Ministry of Oil to be directly linked to the Prime Minister, explaining that the company will work inside Iraq only currently to manage the oil operation in the country starting from development, exploration, exploration, extraction and production except marketing, Sumo.
He added that there will be a meeting next week with the Ministry of Natural Resources of the Kurdistan Regional Government, to reach a formula of an agreement with them and listen to their views on the draft law, 'adding that his committee held several sessions with local and international experts and specialists on the law to come out in a format compatible with the Iraqi reality and development The winner in the field of oil investment in the world.
Abdullah said that 'the law is around him a large acceptability within the House of Representatives of all political blocs', expected 'passing the law as soon as after the agreement on the final version with the Kurdistan Regional Government.'
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Readers
29-07-2017 03:10 PM
The Euphrates -
The oil and energy parliamentary committee announced that the law of the National Oil Company will be ready to vote in the next few weeks or months, as revealed a meeting next week with the Ministry of Natural Resources in the Kurdistan Regional Government to listen to her opinion and reach a formula for agreement on the law.
Chairman of the Committee, Areez Abdullah, said in a press statement that the oil and energy committee of the Parliament is continuing to enact the law of the National Oil Company, which completed the first reading is currently in the discussions, indicating that the law will be ready in the next few weeks or months to vote. To establish a national oil company and dismantle its association with the Ministry of Oil to be directly linked to the Prime Minister, explaining that the company will work inside Iraq only currently to manage the oil operation in the country starting from development, exploration, exploration, extraction and production except marketing, Sumo.
He added that there will be a meeting next week with the Ministry of Natural Resources of the Kurdistan Regional Government, to reach a formula of an agreement with them and listen to their views on the draft law, 'adding that his committee held several sessions with local and international experts and specialists on the law to come out in a format compatible with the Iraqi reality and development The winner in the field of oil investment in the world.
Abdullah said that 'the law is around him a large acceptability within the House of Representatives of all political blocs', expected 'passing the law as soon as after the agreement on the final version with the Kurdistan Regional Government.'
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