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Business Council discusses the Second Amendment to the investment law in crude oil
February 21, 2016
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Our economy / Baghdad
Iraqi National Business Council held a panel discussion about the 64 Act of private investment crude oil in 2007 was attended by deputies of the Energy Committee and the Committee Alniabaten investment and Mnthleen for the Ministry of Oil and investors in the field of oil and energy.
MP Ali Qubool vice chairman of the energy committee reviewed the targeted law amendments and what are the facilities that can be provided by these amendments to local or foreign investor to work in the oil field in Iraq.
The Undersecretary of the Ministry of Oil for redundancy Jafar spoke about the urgent need for modifying the ongoing work on the legislation in the House and briefed them about the reasons for holding his ministry put volumes refineries, which must be forwarded to invest in Iraq and controls in place to the fact that it suited the Iraqi economic reality does not bear the risk be repercussions tough Iraqi consumer.
Moderator Reza al-Shahristani, a member of the Iraqi Business Council was invited to be in the amendments inspired by similar laws in developed countries, the law which has the applicable tests and met with success, such as France and Russia.
President of the National Business Council David Abdul Zayer criticized shortcut law on investment in the oil only, but could include gas and Alaptrrukemyawat and other Alarfan country after a period will the country need new legislation also called Zayer to be law includes investment in energy full of Lands and other transactions even easier significant appetite for investment in the energy sector in Iraq
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[/ltr]
Business Council discusses the Second Amendment to the investment law in crude oil
February 21, 2016
[size=13][size=14][You must be registered and logged in to see this link.][/size]
[/ltr][/size]
[ltr]
[You must be registered and logged in to see this link.]
Our economy / Baghdad
Iraqi National Business Council held a panel discussion about the 64 Act of private investment crude oil in 2007 was attended by deputies of the Energy Committee and the Committee Alniabaten investment and Mnthleen for the Ministry of Oil and investors in the field of oil and energy.
MP Ali Qubool vice chairman of the energy committee reviewed the targeted law amendments and what are the facilities that can be provided by these amendments to local or foreign investor to work in the oil field in Iraq.
The Undersecretary of the Ministry of Oil for redundancy Jafar spoke about the urgent need for modifying the ongoing work on the legislation in the House and briefed them about the reasons for holding his ministry put volumes refineries, which must be forwarded to invest in Iraq and controls in place to the fact that it suited the Iraqi economic reality does not bear the risk be repercussions tough Iraqi consumer.
Moderator Reza al-Shahristani, a member of the Iraqi Business Council was invited to be in the amendments inspired by similar laws in developed countries, the law which has the applicable tests and met with success, such as France and Russia.
President of the National Business Council David Abdul Zayer criticized shortcut law on investment in the oil only, but could include gas and Alaptrrukemyawat and other Alarfan country after a period will the country need new legislation also called Zayer to be law includes investment in energy full of Lands and other transactions even easier significant appetite for investment in the energy sector in Iraq
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