Home
Oil Minister of Basra: You must enactment of the oil and gas law to determine the powers of the provinces
07/03/2015
Basra / Source News / .. Oil Minister Adel Abdul-Mahdi, during a meeting with a number of governors and heads of provincial contract councils, Saturday, in the province of Basra, the importance of the enactment of the oil and gas law to determine the powers of local governments of the producing provinces, while conservatives student participants in the meeting to activate the Law Provincial No. 21 for the year 2008 average.
The minister said during a press conference held at Basra International Hotel and attended by Agency / Source News / The "deliberative second meeting to discuss mutual powers between the of the Ministry of Oil and local governments the federal government in the provinces resulted in recommendations emphasize the importance of involving the producing provinces in decisions relating to oil wealth-making." noting that "the issues raised for discussion the issue of oil taboo, the ministry has confirmed that they do not want those lands to be barren and uninhabited."
The minister pointed out that "Iraq has entered into a decentralized stage, we believe that local governments are an essential part of the political and administrative system in the country, and it has to be legislation oil and gas law in order to determine the powers of the regions and provinces, so as to understand each party rights and obligations," adding that "return Central to the thinking is to repeat a failed experiment pushed Iraq still has not paid for. "
The minister pointed out that "licensing contracts is an important step but produced hurdles and obstacles including with regard to the relationship of local government with foreign oil companies that entered into these contracts," adding that "licensing contracts present form consists of two parties, two Iraqi Oil Ministry on the one hand and foreign oil companies On the other hand, if we introduce a third party (local governments) must find a legal legislation. "
The Council of Ministers decided in (30 December 2014) to withdraw the appeal law provinces No. 21 for the year 2008 the rate that gives those governments broad powers, and who was stabbed by the former Prime Minister Nuri al-Maliki before the Federal Court, but the law has not done so far, partly problem Finance resulting from lower oil prices, especially that Iraq will depend on the financial revenues on the source of oil and by up to 95%, has been affected by the general budget during the current year strongly due to lower oil prices to below $ 60 a barrel, while the price of a barrel before the middle of last year, up 115 Dolara.anthy 19 T.
[You must be registered and logged in to see this link.]
07/03/2015
Basra / Source News / .. Oil Minister Adel Abdul-Mahdi, during a meeting with a number of governors and heads of provincial contract councils, Saturday, in the province of Basra, the importance of the enactment of the oil and gas law to determine the powers of local governments of the producing provinces, while conservatives student participants in the meeting to activate the Law Provincial No. 21 for the year 2008 average.
The minister said during a press conference held at Basra International Hotel and attended by Agency / Source News / The "deliberative second meeting to discuss mutual powers between the of the Ministry of Oil and local governments the federal government in the provinces resulted in recommendations emphasize the importance of involving the producing provinces in decisions relating to oil wealth-making." noting that "the issues raised for discussion the issue of oil taboo, the ministry has confirmed that they do not want those lands to be barren and uninhabited."
The minister pointed out that "Iraq has entered into a decentralized stage, we believe that local governments are an essential part of the political and administrative system in the country, and it has to be legislation oil and gas law in order to determine the powers of the regions and provinces, so as to understand each party rights and obligations," adding that "return Central to the thinking is to repeat a failed experiment pushed Iraq still has not paid for. "
The minister pointed out that "licensing contracts is an important step but produced hurdles and obstacles including with regard to the relationship of local government with foreign oil companies that entered into these contracts," adding that "licensing contracts present form consists of two parties, two Iraqi Oil Ministry on the one hand and foreign oil companies On the other hand, if we introduce a third party (local governments) must find a legal legislation. "
The Council of Ministers decided in (30 December 2014) to withdraw the appeal law provinces No. 21 for the year 2008 the rate that gives those governments broad powers, and who was stabbed by the former Prime Minister Nuri al-Maliki before the Federal Court, but the law has not done so far, partly problem Finance resulting from lower oil prices, especially that Iraq will depend on the financial revenues on the source of oil and by up to 95%, has been affected by the general budget during the current year strongly due to lower oil prices to below $ 60 a barrel, while the price of a barrel before the middle of last year, up 115 Dolara.anthy 19 T.
[You must be registered and logged in to see this link.]
