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Parliamentary calls for the formation of a Supreme Council of oil and energy under the supervision of Abadi
economy Since 17/05/2017 18:00 (Baghdad time)
Baghdad - Mawazine News
The oil and energy committee called on Wednesday to form a higher council for oil and energy under the direct supervision of Prime Minister Haider al-Abadi, while noting that the mission of the Council, supervision and planning of Iraqi oil policy and management of contracts and agreements and partnerships and follow-up of export contracts and development of industries for the oil sector.
"At a time when there is an increasing need to develop and expand the circle of interest in the oil and energy portfolio, which represents the vital artery and the most important for the Iraqi individual, we call for the formation of a higher council of oil and energy in the country," committee member Ali Faisal al-Fayadh said in a statement. supervision and planning of the Iraqi oil policy and management of contracts and agreements and oil partnerships and follow-up export contracts and the development of the oil industry, and to make the Council, the highest authority and not restrict the company's oil marketing SOMO, which dominates the Iraqi oil sector is the only dominant to conclude oil export contracts etc. M as well as the export and import of oil derivatives contracts. "
Al-Fayyad added that "there is foggy and unclear in many of its dealings (Sumo) and its contracts with international companies, but the Supreme Council of Oil and Energy will remove all the question marks placed on the general management of the energy file especially that it will be under the direct supervision of the Prime Minister and the membership of each of the oil ministers and foreign affairs, finance, electricity and planning and personalities with competence and experience in the oil field. "
He continued that "most of the world's oil has higher boards of wealth management and the conclusion of agreements and deals and the presence of the Council will be important at the moment, especially as Iraq depends on the revolution of oil as a primary source of resources," and called on parliamentary blocs and political "to support this proposal and translated on the ground to maintain oil wealth and not left in a sustained loss ".anthy 29/6 n
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economy Since 17/05/2017 18:00 (Baghdad time)
Baghdad - Mawazine News
The oil and energy committee called on Wednesday to form a higher council for oil and energy under the direct supervision of Prime Minister Haider al-Abadi, while noting that the mission of the Council, supervision and planning of Iraqi oil policy and management of contracts and agreements and partnerships and follow-up of export contracts and development of industries for the oil sector.
"At a time when there is an increasing need to develop and expand the circle of interest in the oil and energy portfolio, which represents the vital artery and the most important for the Iraqi individual, we call for the formation of a higher council of oil and energy in the country," committee member Ali Faisal al-Fayadh said in a statement. supervision and planning of the Iraqi oil policy and management of contracts and agreements and oil partnerships and follow-up export contracts and the development of the oil industry, and to make the Council, the highest authority and not restrict the company's oil marketing SOMO, which dominates the Iraqi oil sector is the only dominant to conclude oil export contracts etc. M as well as the export and import of oil derivatives contracts. "
Al-Fayyad added that "there is foggy and unclear in many of its dealings (Sumo) and its contracts with international companies, but the Supreme Council of Oil and Energy will remove all the question marks placed on the general management of the energy file especially that it will be under the direct supervision of the Prime Minister and the membership of each of the oil ministers and foreign affairs, finance, electricity and planning and personalities with competence and experience in the oil field. "
He continued that "most of the world's oil has higher boards of wealth management and the conclusion of agreements and deals and the presence of the Council will be important at the moment, especially as Iraq depends on the revolution of oil as a primary source of resources," and called on parliamentary blocs and political "to support this proposal and translated on the ground to maintain oil wealth and not left in a sustained loss ".anthy 29/6 n
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