Parliament discusses the oil and gas law next disconnect

by day dreamer Sat 22 Nov 2014, 10:31 am

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Parliament discusses the oil and gas law next disconnect

by day dreamer Sat 22 Nov 2014, 10:31 am

Parliament discusses the oil and gas law next disconnect
[ltr]Sunday, 22 November 2014 11:49 [/ltr]

[ltr] Legal Committee in the Iraqi Parliament said on Saturday that the next legislative term will begin discussions of important laws, most notably oil and gas law.
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The deputy chairman of the Committee Muhsin al-Sadoun for "Twilight News", "The Legal Committee in coordination with other relevant committees will begin next legislative chapter of the Council to discuss the important laws and will be in the forefront of the oil and gas law to end the oil disputes between local governments and the provinces and the federal government."
Sadoun said that "the initial oil agreement signed between the federal government and the Kurdistan Regional Government in line with the Iraqi constitution, a step toward proving good faith between the parties prior to the removal of differences."
And announced the Kurdistan Regional Government, on Thursday of last week, reaching a comprehensive agreement with the Baghdad government on outstanding problems between the two sides, and especially with regard to the export of oil, and the transfer of funds from the Iraqi budget for the region.
The oil production of Iraq before the crisis amounted to 3.5 million barrels per day, but it declined after the establishment of the region to export oil solo as well as the control of the organization Daash on some of the fields has led to the loss of Iraq's nearly 1.2 million barrels per day.

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