Energy Parliamentary Committee will decide on the adoption of a draft oil law for 2007

by glasshalffull Tue Jun 26, 2012 7:07 am

26/06/2012 09:17
26/06/2012 09:17

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BAGHDAD / Center Brief for the Iraqi Media Network - revealed to the Commission on oil and energy parliamentary decision to close in the adoption of the draft oil law for 2007, indicating that the Committee decided not to wait too long the oil law legislation.

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He said the Commission's decision to Muhammad Qasim (Brief Center for the Iraqi Media Network) that "his committee held a meeting and discussed the issue of oil and gas law, so there will be a decision after deliberation by adopting a draft law in 2007 on the grounds that there is a consensus against it."

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He explained the Commission's decision that "the draft in 2007 and signed by the federal government and the Kurdistan Regional Government and we will conduct the additions and improvements and modifications. Should not wait but must act."

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Available with the Commission on oil and energy parliamentary drafts of three oil and gas laws are drafted in 2007 and a draft government proposal and the draft Law of the Committee.

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Since the adoption of the Constitution of Iraq, such as oil and gas law the most outstanding issues between Baghdad and Erbil, the House of Representatives did not succeed the former and current to find consensus on a common formula for the oil and gas law.

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The dispute is between Arbil and Baghdad on 41 oil contracts signed by the provincial government since 2007 until now and Baghdad described the absence of transparency in the signature.

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The Iraqi government says that the Constitution requires that the central management of oil wealth in coordination with local governments and the regions and the decades of the Kurdistan region is devoid of legal status to be considered concluded, without return to the federal government
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