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The Minister of Oil: We are obliged to establish the national company during the current year
10:07 - 10/03/2019
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Information / Baghdad ..
Deputy Prime Minister for Energy and Oil Minister Thamir al-Ghadhban said on Sunday that the government is committed to the establishment of the National Oil Company during the current year 2019, pointing out that all priority has been set on this.
"This year, 2019, is binding on the re-establishment of the Iraqi National Oil Company and the relevant laws, which is an absolute commitment to Prime Minister Adel Abdul-Mahdi and the Minister of Oil, which has been prepared," Ghadhban said in a statement published by the official newspaper Al-Sabah. All priorities, whether the original law of the company, which was prepared in 2007 and approved by the Council of Ministers and presented to the State Consultative Council at the time and took his course.
He added that he "unfortunately did not approve by the House of Representatives, despite the many transformers," noting that "faced a lot of problems and criticism, in addition to the Federal Court decisions in a number of appeals."
He explained that "the ministry has a set of alternatives are: Either amend the House of Representatives law, or send it again to the executive authority to review it, or the executive authority to submit a new draft resolution in accordance with its powers draft draft comprehensive new take into account the appeals approved by the Federal Court and at the same time Taking into account the vision of the Ministry of Oil in how to establish this company in a modern reform, and that the Ministry of Oil is not occupied with operational and productivity and daily work, such as the development of fields and drilling wells operated by the Iraqi National Oil Company. Ending / 25
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