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Basra government objected to the amendment oil investment contracts
Baghdad / term
Confirmed that the local government in Basra, it will form a delegation to meet the Prime Minister and the Minister of Oil and discuss with them about activating the law in relation to the role of Basra, in the conclusion of oil contracts with foreign companies, a contestant so the First Amendment to hold the investment in Rumaila, while confirmed Director of the Iraqi field that the contract does not target cut the rate of oil production, but also takes into account the economic conditions related to the oil market.
A member of the provincial council in Basra, Ali Shaddad Knight said in an interview to the (long-Presse) that "the provincial council expressed his opposition to the First Amendment to hold the Rumaila oil field, which includes reducing the level of production and increase investment contract of 20-25 years without taking the opinion of the local government, both the legislative and executive , "returned that" this matter is a constitutional violation of Article 112 of the Iraqi Constitution, which emphasizes the drawing oil policy with the participation of local governments. "
added Knight said that "the behavior of the central government and the Ministry of Oil contracts in licensing rounds without reference to the local government lose Basra lot of gains including the appointment of 85% of local labor in the fields, invested and the necessity of spending companies invested five million dollars annually in the areas near the fields as services social, this did not happen even though it is installed in the contracts signed with Iraq, we have not received a copy of it to the Council formally. "
explained Knight, that "the damage suffered by the nearby areas of the oil fields and farms large compared to the size compensated meager is disproportionate to the damages to roads and utilities and infrastructure used by the oil companies."
revealed jockey for "the formation of a delegation from Basra to meet Prime Minister Haider al-Abadi, Oil Minister Adel Abdul-Mahdi to launch file oil contracts and talk about the benefits of Basra, including the active participation and after that marginalized under previous governments that have made this conceptual ineffective. "
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Baghdad / term
Confirmed that the local government in Basra, it will form a delegation to meet the Prime Minister and the Minister of Oil and discuss with them about activating the law in relation to the role of Basra, in the conclusion of oil contracts with foreign companies, a contestant so the First Amendment to hold the investment in Rumaila, while confirmed Director of the Iraqi field that the contract does not target cut the rate of oil production, but also takes into account the economic conditions related to the oil market.
A member of the provincial council in Basra, Ali Shaddad Knight said in an interview to the (long-Presse) that "the provincial council expressed his opposition to the First Amendment to hold the Rumaila oil field, which includes reducing the level of production and increase investment contract of 20-25 years without taking the opinion of the local government, both the legislative and executive , "returned that" this matter is a constitutional violation of Article 112 of the Iraqi Constitution, which emphasizes the drawing oil policy with the participation of local governments. "
added Knight said that "the behavior of the central government and the Ministry of Oil contracts in licensing rounds without reference to the local government lose Basra lot of gains including the appointment of 85% of local labor in the fields, invested and the necessity of spending companies invested five million dollars annually in the areas near the fields as services social, this did not happen even though it is installed in the contracts signed with Iraq, we have not received a copy of it to the Council formally. "
explained Knight, that "the damage suffered by the nearby areas of the oil fields and farms large compared to the size compensated meager is disproportionate to the damages to roads and utilities and infrastructure used by the oil companies."
revealed jockey for "the formation of a delegation from Basra to meet Prime Minister Haider al-Abadi, Oil Minister Adel Abdul-Mahdi to launch file oil contracts and talk about the benefits of Basra, including the active participation and after that marginalized under previous governments that have made this conceptual ineffective. "
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