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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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Established in 2006 as a Community of Reality

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    Parliamentary Committee announces seeking to amend the Oil Ministry Law

    Rocky
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    • Post n°1

    Parliamentary Committee announces seeking to amend the Oil Ministry Law Empty Parliamentary Committee announces seeking to amend the Oil Ministry Law

    Post by Rocky Sun 03 Nov 2024, 4:00 am

    Posted on[You must be registered and logged in to see this link.] by [You must be registered and logged in to see this link.]

    [size=52]Parliamentary Committee announces seeking to amend the Oil Ministry Law[/size]

    [size=45]The Parliamentary Oil and Gas Committee announced 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.[/size]
    [size=45]MP Basem Naghmish, a member of the Oil and Gas Committee, said in an interview with the official media that “a subcommittee was formed within the Oil and Gas Committee, specialised in reviewing the legislation related to the oil sector, and it was called the ‘Oil Legislation Committee’.”[/size]
    [size=45]He explained that “the committee is working on reviewing 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 to which about three amendments were made, the last of which was in 1982.”[/size]
    [size=45]He added, "The ministry witnessed many technological and administrative developments during the period after 2003, as the work of the Ministry of Oil expanded and formations multiplied, in addition to the creation of some formations."[/size]
    [size=45]He pointed out that “the draft to amend 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 will be submitted to the Council of Ministers and to the consultants, and then to the State Council, in order to study the extent of its consistency with the legal system in the country.”[/size]
    [size=45]He added, "After that, the draft will return to the Council of Ministers and then to the House of Representatives to complete the legislative procedures."[/size]
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