***** Presidency of the Council of Representatives confirms the near completion of the preparation of the draft law of oil and gas

if this piece is correct the end of the legislative term would be the middle of next month, Najafi extended it to November the 14th



10/04/2012

First Deputy Chairman of the House of Representatives Qusay al-Suhail near completion of the preparation of the draft law of oil and gas and the end of the debate on it. Suhail said after Trúsh meeting of the Committee of Five on discussing annexation law

Oil Minister Abdul Karim Luaibi and the Minister of Petroleum Resources in the Kurdistan region drastically and representatives of the parliamentary blocs, he said that all parties agreed on the need to pass the oil and gas law before the end of the current legislative term, especially after the understandings reached between The central government and the Kurdistan Regional Government on the management of oil resources.

He added Suhail said the conferees agreed on the need to include the oil and gas law paragraphs clear and objective guarantees not to raise any differences in the future on oil wealth.

Noted that the oil and gas parliamentary stressed earlier on the need to quickly pass oil and gas law, which would solve all outstanding differences between the center and the province of Kurdistan.

Commission decision said Qassim Mohammed Baghdadi in a statement to the News that the agreement between Baghdad and Erbil, the thirteenth day of the month of September was positive and reflected the effects are good relations between the two parties, where the text of the increased exports of the province against the center pledged to pay dues of foreign companies operating in the province.

Mohammed added that the recent statements by Deputy Prime Minister for Energy Affairs Hussain al-Shahristani and described Bnaria may restore relations between the center and the province back to square one, pointing out that the commitment to the agreements concluded between the two parties sponsor purify the atmosphere and reach a settlement that satisfies both parties and was Presidency of the parliament has discussed earlier with Oil Minister Abdul Karim and coffee and Committees of oil and energy, legal and representative of the Kurdistan region paragraphs oil and gas law, said a source familiar with the meeting resulted in the formation of a committee comprising representatives of the main blocs, and the oil ministers in the federal government and natural resources in the province Kurdistan to choose the final version of the law of oil and gas that the Committee meets next Tuesday and approve oil and gas law is still pending in parliament despite the completion of writing long paragraphs because of the objection of some blocks on its current form .


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