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of the Federal Court resolved the constitutionality of linking "SOMO" National Oil Company
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of the Federal Court resolved the constitutionality of linking "SOMO" National Oil Company
http://www.shafaaq.com/ar/Ar_NewsReader/788d4a2d-ad3f-417b-b6f2-26b9ed535d23
[size=32]of the Federal Court resolved the constitutionality of linking "SOMO" National Oil Company[/size]
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[size=32]of the Federal Court resolved the constitutionality of linking "SOMO" National Oil Company[/size]
The Supreme Federal Court has ruled that the connection of the oil marketing company (SOMO) to the Iraqi National Oil Company is not constitutional, noting that the marketing process should be the functions of the Federal Oil Ministry in accordance with the Constitution.
"One of the appeals filed against the Iraqi National Oil Company Law No. (4) of 2018, which was considered by the Federal Supreme Court, was to link the company (Sumo), which is marketing the oil, the National Oil Company "He said.
He added that the Supreme Federal Court ruled unconstitutional paragraph (third and fifth) of Article (4) of the law and as far as the process of marketing oil and confirmed that this is the functions of the Ministry of Oil and the associated company, in contradiction to Article (112) of the Constitution " .
He pointed out that "the court also ruled unconstitutionality of clause (h) of paragraph (II) of Article (7) relating to the making of the oil company (Sumo) of the formations associated with the status of the company, in contradiction to the provisions of Article (110 / I and III) "He said.
And between Samok, that "all what is issued by the Federal Supreme Court of the provisions and decisions are binding and binding on all authorities, in accordance with Article (94) of the Constitution."
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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