Abdul Mahdi of Iraq to expedite the issuance of oil and gas law

Alsumaria News/ Basrah


Oil Minister Adel Abdul Mahdi, on Wednesday, the House to speed up the issuance of oil and gas law for the territory of Kurdistan and provincial rights, produced with the oil and gas Committee of the provincial Council the importance of law.



Abdul-Mahdi said during a press conference in the Rumaila oil field in Basra province and attended by the Sumerian "news", "the oil and gas law must come quickly to its importance in the relationship between the territories or the oil-producing provinces and the Federal Government", indicating that "the law when there will be instructions and guidance for implementation, not as is the case now."




The Minister noted that "interpretations of constitutional texts must not remain within its borders," adding that "the oil and gas law is not in the interest of the Kurdish region, but in the interest of other provinces produced, so it will have clear rights."



The President said the oil and gas Committee in Basra to "Shadad, in an interview for alsumaria news", "the relationship between local government and the Ministry of oil was almost broken in the previous Federal Government, and this relationship is now better than it was," adding that "the Federal Government implemented during the management of the oil wealth in the province, and it must be the oil and gas Act legislation in accordance with article 112 of the Constitution to guarantee the rights of Basra."



Basra Governorate Council was announced (4 December 2014) movements to form (body oil Basra) to negotiate on behalf of the local government with the Federal Government regarding the management of the oil wealth in the province, said the timely financial control Commission and follow-up to the customizations in the Council, Sheikh Ahmad Al-Sulaiti said in an interview for "alsumaria news", that "the Federal Government as long as it's recognized that the Kurdistan region is the owner of an exclusive right and absolute disposal of oil wealth, the Basra should be treated similarly.



Basra is the center of the oil industry in Iraq, one of the most important cities in the world, with at least 59% of Iraq's oil reserves, the world's largest oil fields in Iraq, including crazy and Rumaila, West Qurna, and through most of Iraq's oil exports which depend on State budget revenues almost entirely, with oil by tankers from port Al-Amaya and Basra during (extra virgin deep already), as well as three single floating platforms (wegikor and Al-Marbad), And pumping oil for the three platforms new and old ports via underwater pipelines and related coastal storage depots near the center of Faw district, overlooking the Gulf, despite all the inhabitants of the province are suffering severely from the collapse in a severe housing crisis services and exacerbated the phenomenon of unemployment.

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