********** Kurdistan: went to approve oil and gas law during the next legislative term

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********** Kurdistan: went to approve oil and gas law during the next legislative term

Post  Admin on Wed Jan 07, 2015 11:18 am

Tuesday 0.06 2 December / January 2015 11:20
 

Twilight News / said the Kurdistan Alliance member, on Tuesday, that there is a trend of all the political blocs to approve oil and gas law during the next legislative term, due to start on Wednesday, indicating that the government is currently considering a draft oil and gas law.


Said Mohsen al-Sadoun for "Twilight News", that "there is a copy of the oil and gas law exists in the government is currently being to be discussed by legal experts," pointing out that "there is a tendency of the political forces of the enactment of the oil and gas law in the coming period."

The previous parliament did not succeed to reach agreement on legislation oil and gas law, despite the formation of several committees and discussions took and killed because of a long dispute over the powers of the Ministry of Oil and the provinces and the mechanism of the export of oil.

Sadoun said that "the enactment of the oil and gas law will lead to political stability in the Iraqi economy and the settlement of all disputes between the federal government and the provinces and the region."

The federal government and the Kurdistan Regional Government and reached last month to an agreement on the export of oil to ensure the text that the province to deliver at least 250 thousand barrels of oil a day to the federal government for the purpose of export, the export of 300 thousand barrels per day by the federal government of the province of Kirkuk fields through the pipeline oil to Turkey.

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