*************** After approval of the budget in 2015 .. claims to expedite the enactment of the oil and gas law

31/01/2015


BAGHDAD / JD / .. After enabling the House of Representatives of the approval of the draft federal budget for 2015 Act a total of $ 119 trillion dinars, a number of experts and specialists in economic affairs called for supporting the Iraqi economy laws, including oil and gas law, legislation, because of its great importance in regulation of the oil industry process in Iraq, as well as it will stimulate international companies to invest in gas, which will make the country's large countries producing and exporting oil and gas, arguing that it will determine the powers between the federal government and local governments in the provinces and the Kurdistan region to manage the extraction and export of oil process.

He says economist Quraishi peace, the House of Representatives new edition footsteps positive step forward after the legislation the federal budget for the law in 2015 and this is an achievement, especially since the previous parliamentary session failed 2014 budget legislation, because of the problems and political differences, pointing out that this progress in the work Parliament must be accompanied by other works serve the interests of the Iraqi people, through a package of economic laws, which have a large role in moving the economy forward legislation.

He said Quraishi told / BD / to: the oil and gas law is one of the important laws because it determines the powers in the industry manage extractive between the federal government and local governments of the provinces and the Kurdistan region, to end the oil differences, especially with the region, in order to organize and develop this important industry to the national economy.

He added that the government is required to form a committee to prepare a new draft law of oil and gas will satisfy all parties and overwhelmed by the Justice and Equality factor in the distribution of wealth management, especially since there are oil companies newly introduced them Dhi Qar oil company and pipeline transporting crude oil, which makes it imperative for the government and parliament to speed up in the legislation of the oil and gas law.

And between: it's the advantages of this law also stimulate foreign companies to invest in the gas with oil in the extractive industry and puts her conditions and privileges, which would make Iraq within the ranks of the world's major countries in the oil and gas industry.

For his part, the oil and energy parliamentary member Tariq Rashid, that "there is a draft of the oil bill sent by the previous government to the House of Representatives since 2007, and there is a draft bill prepared by the House of Representatives in 2011," pointing out that "no agreement is reached between the blocks Political to draft a uniform law, and the situation remains as it is. "

Rashid He told / BD / he "should either prepare a new draft of the bill or make amendments to the drafts in for a draft final match and the spirit of the Constitution, which gives the right of the province and the provinces in coordination with the federal government in the extraction and export of oil."

He pointed out that "the positive atmosphere between Erbil and Baghdad, contribute to speed up passage of a draft oil and gas law," adding that "there is an oil agreement between the Kurdistan Regional Government and the federal government, as well as the government program to the Prime Minister of the Federal Haider al-Abadi, which emphasizes the need to resolve outstanding differences between Kurdistan and Baghdad. "

He noted that "the government program of devotional select a time limit duration of one year, to resolve oil disputes and enactment of the oil and gas law," pointing out that "time is running out, has not been taking any step in this direction, calling on Prime Minister Haider al-Abadi to send a new draft of the bill to the House of Representatives during the current session, and correspond by all the political blocs to make it easier for the House of Representatives read the bill and helping to pass it as soon as possible. "

The Oil Minister Adel Abdul-Mahdi, has called for the House of Representatives to expedite the issuance of oil and gas law for the producing provinces of the Kurdistan region for their rights.


Said Abdul-Mahdi: "The oil and gas law must be passed quickly to its importance in the order of the relationship between regions or oil-producing provinces and the federal government," noting that "the law when it is prescribed, there will be instructions and directives doable, and not, as is currently the case," .


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