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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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    The Parliamentary Oil and Gas Committee seeks to reconsider the legislation of the Ministry of Oil

    Rocky
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    Committee - The Parliamentary Oil and Gas Committee seeks to reconsider the legislation of the Ministry of Oil Empty The Parliamentary Oil and Gas Committee seeks to reconsider the legislation of the Ministry of Oil

    Post by Rocky Thu 05 Oct 2023, 4:44 am

    The Parliamentary Oil and Gas Committee seeks to reconsider the legislation of the Ministry of Oil

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    Economy News _ Baghdad
    The Parliamentary Oil and Gas Committee seeks to reconsider the legislation of the Ministry of Oil due to the importance of the sector and the incompatibility of its previous laws with the development taking place in it, including the law regulating the work of the Ministry, and the investment and refinement of crude oil.
    A member of the Parliamentary Oil and Gas Committee, Bassem Ngheimesh, said in an interview with “Al-Sabah” followed by “Al-Iqtisad News” that a number of subcommittees were formed from the Oil Committee, including a committee to follow up and review oil legislation, noting that the legislation of the Ministry of Oil is old and dates back to the 1970s and did not It is compatible with the development taking place in the sector.
    He pointed out that the most important of these laws is regulating the work of the Ministry of Oil, in addition to the Crude Oil Investment and Liquidation Law, indicating that the committee called for a review of the internal regulations and instructions that need to be amended and urged the companies concerned to amend their internal regulations in line with current developments in the oil sector to raise the level of her job.
    Ngheimesh pointed out that the committee will monitor the regulations and instructions, stressing the need for them to be approved by the Ministry of Oil.
    He added that the committee cannot amend the oil laws without receiving them from the executive authority, adding that the committee urged the ministry to amend these old laws, reconsider them and submit them to the Council of Ministers for approval and then refer them to Parliament.



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