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*****Controversial oil contracts in Iraq and a legal expert confirms the possibility of canceling*****
06/09/2011 18:15
Baghdad, September 6 / September (Rn) - *****A new oil contracts signed by the Iraqi Oil Ministry***** with global controversy in Iraq, *****which is trying to rebuild its infrastructure through imports,***** said a legal expert to the possibility of canceling the contracts***** under the dome of the House of Representatives.***** He says deputies in the committees of energy and integrity Alniabaten *****The contracts are illegal because of the failure to ratify the Council of Representatives. *****And requires approval of the contracts to the law. 's cabinet***** agreed late last month on a draft oil law,***** the long-awaited and referred to the House for final approval.***** and Iraq contracted with companies global giant in the field of energy***** through three rounds of licensing in a bid to develop oil fields discovered untapped. *****A member of the Integrity Committee Talal Zobaie Kurdistan News Agency (Rn) *****"for these contracts is not any legal basis.***** all of which signed the absence of oil and gas law."***** The oil imports about 95% of Iraq's budget. There is still a law on despite the conclusion of a number of energy contracts with international companies to develop Iraqi oil fields. said Bayazid Hassan, member of the Commission on oil and energy (Rn) The Council of Representatives asked more than once to send copies of contracts, but the oil ministry did not send any contract. and the failure of the House of Representatives to pass Bdorth previous oil and gas law, which was expected to rise oil situation if approved. the absence of law and the cause of a number of problems in this sector, particularly oil contracts signed by the Kurdistan Regional Government with international companies to develop fields. Baghdad says it is legal while confirming the region compatibility with Iraqi laws. He said the legal expert Tareq Harb (Rn) that he could of the Iraqi parliament to cancel the oil contracts if it has been agreed. and called on the presidency of the Kurdistan region of Iraq yesterday, Iraqi Council of Ministers to withdraw the draft oil law The gas sent a few days ago to the House for discussion and approval, citing the call to pass a "different" to what has been agreed upon previously. The commission said the oil and energy of Deputies in the first of May / May this year that it had requested formally by the Ministry of Oil to postpone the licensing round, the fourth has no need Iraq in the current stage. Iraq plans to increase its exports during the next six years to 12 million barrels per day after obtaining the approval of the Organization of Petroleum Exporting Countries. From: Sam and dry, the Open: Murtaza Yousuf
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06/09/2011 18:15
Baghdad, September 6 / September (Rn) - *****A new oil contracts signed by the Iraqi Oil Ministry***** with global controversy in Iraq, *****which is trying to rebuild its infrastructure through imports,***** said a legal expert to the possibility of canceling the contracts***** under the dome of the House of Representatives.***** He says deputies in the committees of energy and integrity Alniabaten *****The contracts are illegal because of the failure to ratify the Council of Representatives. *****And requires approval of the contracts to the law. 's cabinet***** agreed late last month on a draft oil law,***** the long-awaited and referred to the House for final approval.***** and Iraq contracted with companies global giant in the field of energy***** through three rounds of licensing in a bid to develop oil fields discovered untapped. *****A member of the Integrity Committee Talal Zobaie Kurdistan News Agency (Rn) *****"for these contracts is not any legal basis.***** all of which signed the absence of oil and gas law."***** The oil imports about 95% of Iraq's budget. There is still a law on despite the conclusion of a number of energy contracts with international companies to develop Iraqi oil fields. said Bayazid Hassan, member of the Commission on oil and energy (Rn) The Council of Representatives asked more than once to send copies of contracts, but the oil ministry did not send any contract. and the failure of the House of Representatives to pass Bdorth previous oil and gas law, which was expected to rise oil situation if approved. the absence of law and the cause of a number of problems in this sector, particularly oil contracts signed by the Kurdistan Regional Government with international companies to develop fields. Baghdad says it is legal while confirming the region compatibility with Iraqi laws. He said the legal expert Tareq Harb (Rn) that he could of the Iraqi parliament to cancel the oil contracts if it has been agreed. and called on the presidency of the Kurdistan region of Iraq yesterday, Iraqi Council of Ministers to withdraw the draft oil law The gas sent a few days ago to the House for discussion and approval, citing the call to pass a "different" to what has been agreed upon previously. The commission said the oil and energy of Deputies in the first of May / May this year that it had requested formally by the Ministry of Oil to postpone the licensing round, the fourth has no need Iraq in the current stage. Iraq plans to increase its exports during the next six years to 12 million barrels per day after obtaining the approval of the Organization of Petroleum Exporting Countries. From: Sam and dry, the Open: Murtaza Yousuf
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