Deputy Chairman of the Committee on the oil and gas leadership in the Islamic Dawa Party, Abdul Hadi Hassan, Monday, to accelerate the legislation of the law of oil and gas to benefit from economic refunded, and expected to contribute to dialogues between the Governments of the Kurdistan region and the Centre reach the endorsement of the bill.
He said ABOLHASSANI of the Independent News Agency (Voices of Iraq) that "the law of oil and gas often delayed approval, so we hope to be completed soon to benefit from investment in oil and gas to obtain greater financial returns", expected to contribute to dialogues and discussions which took place between the Prime Minister of Territory Mosques Kurdistan Barzani, who is visiting Baghdad, between the Government Center to "expedite the ratification of the oil and gas."
Between ABOLHASSANI that "Iraq is losing the equivalent of (18) billion dollars annually from gas and waste which is burned without the benefit of it, so it is wrong that Iraq is not able to benefit from scientific efficiency of natural gas and investing."
The head of the Kurdistan Regional Government official visit to the capital Baghdad began last Saturday aiming to discuss oil contracts and the law of oil and gas and allocations Guard Territory (PESHMARGA).
It is noteworthy that the draft law of oil and gas, which is still in dispute between the Governments of the region and the Centre especially with regard to the conclusion of idleness oil, which stipulates that the ownership of oil and gas owned Iraqi people in all regions and governorates, the law applies to oil operations in all regions of Iraq. .. Including the earth and beneath the surface, as well as in inland waters and territorial waters.
The bill excluded from the scope areas of oil refining and gas processing and industrial uses, as well as storage, transport and distribution of petroleum products, and give the right of foreign firms to invest in the area of the oil sector of Iraq.
http://www.aswataliraq.info/look/article.tpl?IdLanguage=17&IdPublication=4&NrArticle=83376&NrIssue=1&NrSection=2
He said ABOLHASSANI of the Independent News Agency (Voices of Iraq) that "the law of oil and gas often delayed approval, so we hope to be completed soon to benefit from investment in oil and gas to obtain greater financial returns", expected to contribute to dialogues and discussions which took place between the Prime Minister of Territory Mosques Kurdistan Barzani, who is visiting Baghdad, between the Government Center to "expedite the ratification of the oil and gas."
Between ABOLHASSANI that "Iraq is losing the equivalent of (18) billion dollars annually from gas and waste which is burned without the benefit of it, so it is wrong that Iraq is not able to benefit from scientific efficiency of natural gas and investing."
The head of the Kurdistan Regional Government official visit to the capital Baghdad began last Saturday aiming to discuss oil contracts and the law of oil and gas and allocations Guard Territory (PESHMARGA).
It is noteworthy that the draft law of oil and gas, which is still in dispute between the Governments of the region and the Centre especially with regard to the conclusion of idleness oil, which stipulates that the ownership of oil and gas owned Iraqi people in all regions and governorates, the law applies to oil operations in all regions of Iraq. .. Including the earth and beneath the surface, as well as in inland waters and territorial waters.
The bill excluded from the scope areas of oil refining and gas processing and industrial uses, as well as storage, transport and distribution of petroleum products, and give the right of foreign firms to invest in the area of the oil sector of Iraq.
http://www.aswataliraq.info/look/article.tpl?IdLanguage=17&IdPublication=4&NrArticle=83376&NrIssue=1&NrSection=2
