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Parliamentary power confirms the right of Abadi to challenge the law of the National Oil Company
19:17 - 08/03/2018
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The Committee on Oil and Energy parliamentary, on Thursday, the eligibility of the Prime Minister to challenge the law of the National Oil Company on the paragraph to allocate 10% of oil imports to citizens, indicating that the appeal will restore the oil differences to the first box.
"The discussions on the law of the National Oil Company started from the previous session and continued throughout the current session because of the great differences on them," committee member Zahir al-Abadi told Al-Maaloumah.
He added that "the government has the right to appeal the law, especially on the provision of 10% of the oil imports to citizens," pointing out that "any government attempt to challenge the law will blow a lot of efforts and return the differences to zero."
He pointed out that "the 10% variable and depends on the volume of oil exports to Iraq every year."
The House of Representatives, voted last Monday on the law of the National Oil Company by a majority, which provided for the allocation of 10% of oil imports distributed in the form of bonds to citizens.
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