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[size=48]Oil Ministry completed the necessary procedures for the establishment of Dhi Qar Oil Company
August 4, 2016
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Our economy / Baghdad
The Oil Ministry announced, the completion of the necessary procedures for the establishment of Dhi Qar Oil Company after obtaining the approval of the Cabinet.
The general manager of the legal department at the ministry Laith Shahir in a statement seen by the agency of our economy News, "The decision to establish the company was conditional on the establishment of the Oil Ministry in coordination with the Ministry of Finance and determine the repayment schedule to determine the amount of capital according to the plan are placed according to the provisions of Article (9 / I) of the companies Act No. 22 of 1997 (as amended). "
He pointed out, "The Oil Ministry has started implementing the contents of the decision to establish the company were several meetings with the Ministry of Finance was held in the presence of the relevant departments and competent in the ministry, after the deliberations were recently come to the need for the Ministry of Finance approached the General Secretariat of the Council of Ministers for obtaining the approval of the establishment of the Southern Oil Company at the oil Ministry to cover the expenses of the oil company for Dhi Qar in 2016 for lack of possibility to the Ministry of Finance to allocate funds for this year. "
He continued, "The Ministry and is awaiting Cabinet approval on it to complete the establishment of an oil company procedures Dhi Qar."
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[size=48]Oil Ministry completed the necessary procedures for the establishment of Dhi Qar Oil Company
August 4, 2016
[size=14][You must be registered and logged in to see this link.][/size]
[/ltr][/size]
[ltr]
[You must be registered and logged in to see this link.]
Our economy / Baghdad
The Oil Ministry announced, the completion of the necessary procedures for the establishment of Dhi Qar Oil Company after obtaining the approval of the Cabinet.
The general manager of the legal department at the ministry Laith Shahir in a statement seen by the agency of our economy News, "The decision to establish the company was conditional on the establishment of the Oil Ministry in coordination with the Ministry of Finance and determine the repayment schedule to determine the amount of capital according to the plan are placed according to the provisions of Article (9 / I) of the companies Act No. 22 of 1997 (as amended). "
He pointed out, "The Oil Ministry has started implementing the contents of the decision to establish the company were several meetings with the Ministry of Finance was held in the presence of the relevant departments and competent in the ministry, after the deliberations were recently come to the need for the Ministry of Finance approached the General Secretariat of the Council of Ministers for obtaining the approval of the establishment of the Southern Oil Company at the oil Ministry to cover the expenses of the oil company for Dhi Qar in 2016 for lack of possibility to the Ministry of Finance to allocate funds for this year. "
He continued, "The Ministry and is awaiting Cabinet approval on it to complete the establishment of an oil company procedures Dhi Qar."
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