Energy Commission Member: Commission likely to approve oil and gas law (HCL) during the current session of Parliament

Posted: July 4, 2013 in Iraqi Dinar/Politics
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Thursday, 04 June / July 2013 09:31 | | |

{Baghdad: Euphrates News} likely a member of the Commission on oil and energy parliamentary Furat al-Shara, that the House of Representatives approve oil and gas law during the current Alldorth, noting that this law comes after the Constitution in terms of importance.

He said al-Shara told {Euphrates News} on Thursday that “there is serious intention, and mettle high to approve oil and gas law and vote on it during the remainder of the legislative term of the Council of Representatives,” noting that “the delay in the adoption of this law was the result of political differences, and intersections Administrative between the government Federal and the Kurdistan Regional Government and between the political blocs. “

The different governments of the center and the Kurdistan region on oil and imports in the northern provinces, where demands Baghdad that the agreements with foreign companies and local communities on exploration Baalmha and send the province the money arising from the issue of export to the center, as long as the province receives its budget, amounting to 17% of Baghdad, while requiring the province to pay The central government entitlements oil companies operating in it to send the money.

Shara added, “Despite the importance of the oil and gas law, where the importance comes from its destination and theme importance after the Iraqi Constitution, and that because of its ability to absorb the cracks between the political blocs.”

Shara continued that “the adoption of the law of oil and gas, will lead to the establishment of good relations between the two governments, federal and provincial government, and build good relations between political entities.”

He was a member of the Commission on oil and energy parliamentary, Qassim Mohammed, had confirmed an earlier time {Euphrates News} that “speed up the enactment of a law of oil and gas contribute to the elimination of the differences between the Governments of the center and the Kurdistan region of oil.”


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