Oil Committee: the law of private investment in the field of oil will bring international companies

Posted: August 16, 2013 in Iraqi Dinar/Politics
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confirmed the Commission on oil and energy parliamentary, it’s the process of an amendment the second law on private investment in the field of oil to encourage domestic and foreign companies to invest in the oil sector.

Said decision of the Commission on oil MP / Kurdistan Alliance / Qassim Mohammed Qassem: that his committee had conducted an amendment to a preliminary law on private investment in the oil field, and now the process of an amendment the second out format agreed by the parliamentary blocs to be passed to the presidency of the Council for the purpose of voting.

pointed to: that investment is necessary in all fields, particularly the oil sector, where it will enhance the growth and يطوره, especially that Iraq needs to the coming of the corporate world and to international expertise for the development of cadres and the advancement of incident service and urban.

criticized Qassem: oil policy pursued by the Federal Government, stressing that it is trying to fully control the oil sector without being granted broad powers to local governments or the right to participate in contracts and investment for the oil sector

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