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Baghdad - WAA - Nassar Al-Hajj
The Parliamentary Oil and Gas Committee announced, today, Friday, a move to amend the Ministry of Oil Law 101 of 1976, while indicating that the draft will be presented to the Council of Ministers soon.
Member of the Oil and Gas Committee, MP Basem Naghmish, told the Iraqi News Agency (INA): "A subcommittee was formed within the Oil and Gas Committee to review the legislation related to the oil sector, and it was called the "Oil Legislation Committee".
He explained that "the committee is working to review several laws, with the aim of amending them to suit the current requirements of the oil sector", indicating that "among these laws is the Oil Ministry Organization Law No. (101) of 1976, which is considered an old law that was amended about three times, the last of which was in 1982".
He added that "the ministry witnessed many technological and administrative developments during the period after 2003, as the work of the Oil Ministry expanded and formations multiplied, in addition to the creation of some formations".
He pointed out that "the draft for amending the law is still in the preparation phase, and cooperation is being done with a foreign consultant contracted with the ministry to provide his comments, and then the draft is submitted to the Council of Ministers and to the advisors, and then to the State Council, in order to study the extent of its consistency with the legal system in the state".
He continued: "After that, it returns The draft will be sent to the Council of Ministers and then to the House of Representatives to complete the legislative procedures.[/size]
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Baghdad - WAA - Nassar Al-Hajj
The Parliamentary Oil and Gas Committee announced, today, Friday, a move to amend the Ministry of Oil Law 101 of 1976, while indicating that the draft will be presented to the Council of Ministers soon.
[You must be registered and logged in to see this link.]
[size]Member of the Oil and Gas Committee, MP Basem Naghmish, told the Iraqi News Agency (INA): "A subcommittee was formed within the Oil and Gas Committee to review the legislation related to the oil sector, and it was called the "Oil Legislation Committee".
He explained that "the committee is working to review several laws, with the aim of amending them to suit the current requirements of the oil sector", indicating that "among these laws is the Oil Ministry Organization Law No. (101) of 1976, which is considered an old law that was amended about three times, the last of which was in 1982".
He added that "the ministry witnessed many technological and administrative developments during the period after 2003, as the work of the Oil Ministry expanded and formations multiplied, in addition to the creation of some formations".
He pointed out that "the draft for amending the law is still in the preparation phase, and cooperation is being done with a foreign consultant contracted with the ministry to provide his comments, and then the draft is submitted to the Council of Ministers and to the advisors, and then to the State Council, in order to study the extent of its consistency with the legal system in the state".
He continued: "After that, it returns The draft will be sent to the Council of Ministers and then to the House of Representatives to complete the legislative procedures.[/size]
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