Urgent Oil Minister: the completion of two drafts of oil and gas law and sent to the secretariat of the Council of Ministers

[Where - Baghdad]
Oil Minister Ali Jabbar Hussein Allaibi announced a legal national oil company and the national gas company before the completion of the relevant departments in the ministry.
Allaibi said in a statement received by all of Iraq [where] a copy of "The draft law has been sent to the General Secretariat of the Council of Ministers with a view to discussion and approval and then carried over to the House legislation."
"The aim of the preparation of draft laws above is to strive and work to optimize the investment of national wealth of oil and gas and the development of the industry and to achieve the advancement of the economic reality of the country."
He said the oil minister that "the national gas company law to ensure the development of investment facilities and gas production facilities and petrochemical industry and related industries gas fields as well as greater coordination between the rings production and consumption of natural gas and the development of workers in this sector efficiency."
For his part, Undersecretary for gas that "the adoption of the law of the national gas company would design and organize gas investment policy in the country and lead the implementation of projects and operation of the facilities according to international standards programs, as the studies and plans indicate that Iraq possesses huge potential can be up to 5000 rates of Mqmq [million standard cubic feet per day] and the concomitant production of massive amounts of condensate and dry gas, liquid, and other components and what makes Iraq in the ranks of leading investment optimization gas states. "
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Allaibi declared illegal two oil and gas completion and sent to government

Author: AB
Editor: AB
18.01.2017 14:16
Number of Views: 794

Long-Presse / Baghdad
The Oil Ministry announced on Wednesday the completion of a legal draft of the two oil and gas Aloutnettin and sent to the General Secretariat of the Council of Ministers, while showed that they aimed to "best investment" of national wealth and development of these associated industries for the advancement of the national economy, he stressed that the available indicators point to owning Iraq "enormous potential" of gas to make it in the ranks of leading investment countries.
Minister of Oil, Jabbar Ali Hussein Allaibi said, in a statement received (range Press) copy of it, "the ministry sent a legal two companies Aloutnettin of Taft and gas draft to the General Secretariat of the Council of Ministers for discussion and its approval before send them to the House of Representatives to Thariahma," noting that "the two projects aimed at seek and work to the best investment of the national wealth of oil and gas and the development of the industry in order to achieve the advancement of the economic reality of the country. "
The minister added that "the draft law of the national gas company to ensure gas development and production investment properties, facilities and petrochemical industry and related industries the areas of gas, as well as greater coordination between the loops of natural gas production and consumption, and the development of workers in this sector efficiency."
For his part, Undersecretary for gas, Hamid Younis, said that "the adoption of the national gas company law that would draw and regulate gas investment policy in the country and lead the implementation of projects and operation of the facilities according to international standards programs," adding that "the studies and plans indicate that Iraq has the potential enormous can be up to five thousand million cubic feet per day record rates (Mqmq), and the concomitant production of massive amounts of condensate and dry gas and liquid and other components, making it the leader in the ranks of the best investment for the gas states. "
The National Alliance, counting in (24 December, the last in 2016), that the political climate has become "appropriate" to pass laws "troubled and mission," including oil and gas law, while the Oil and Energy Committee in the House of Representatives considered that the project passed requires a prior agreement between Baghdad and Erbil , it revealed the government to withdraw two proposals to the law of the parliament in order to provide a new formulation for them.
Article 112 of the Iraqi Constitution, that the federal government's oil and gas extracted from current fields in cooperation with the governments of producing regions and provinces, that distributes and imports in a manner compatible with the demographical distribution all over the country, with a quota specified period for the damaged regions that were deprived in an unfair way by the former regime, which were damaged after that, to ensure balanced development in different parts of the country, and is regulated by law.
The Commission on oil and energy parliamentary, have been revealed in (the 22 of November last in 2016), all efforts to pass a draft oil and gas law, as amended, accusing some of blocs and political parties to derail approval for "incompatible with the interests", while the speaker of parliament adviser counting the amended "It has become inevitable," he stressed the Kurdistan Alliance proposals received the "admissibility" of the National Alliance on the project.
The Iraqi government announced, in (28 August 2011), on the ratification of the draft oil and gas law, and decided to submit them to Parliament for approval, while Deputy Prime Minister for Energy Office, Hussein al-Shahristani, (then), on the second of July 2011, the government has introduced "some amendments" to the draft oil law, which is long overdue and reviewed by the Committee on energy Council of Ministers.
The Oil and Gas Law of the contentious issues between Baghdad and Erbil, and that led to the disabled along the past years.

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The completion of a draft oil and gas law and send it to the Secretariat of the Council of Ministers
18/01/2017 03:01 | Number of Views: 28

Direction Press / follow-up
Ministry Alinvt, Alaravae, confirmed today the completion of a draft oil and gas law and send it to the Secretariat of the Council of Wazzra, noting that the goal is to strive and work to optimize the investment of national wealth of oil and gas.
The oil minister said Jabar Ali , while Allaibi " The ministry has completed a draft oil law and Algaz, in addition to the legal national oil company and gas company National by the relevant departments in the ministry and sent the General Secretariat of the Council of Wazzra, aim of discussion and approval and then carried over to the House of Representatives to Thariahma , " explaining " the purpose of the preparation of the bills is to seek and work to optimize the investment of national wealth of oil and gas and the development of this industry and to achieve the advancement of the economic reality of the country."
Allaibi pointed out that " the national gas company law to ensure the development of investment facilities and gas production facilities and petrochemical industry and related industries the relationship Algaz, areas as well as greater coordination between the rings production and consumption of natural gas and the development of workers in this sector efficiency."

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Oil Minister announces the completion of a legal oil and gas drafts and sent to the Council of Ministers
18/01/2017 02:22 | Number of Views: 138

Direction Press / Baghdad
Oil Minister Ali Jabbar Hussein Allaibi announced a legal national oil company and the national gas company before the completion of the relevant departments in the ministry.
Allaibi said in a statement received "direction Press", a copy of "The draft law has been sent to the General Secretariat of the Council of Ministers with a view to discussion and approval and then carried over to the House legislation."
"The aim of the preparation of draft laws above is to strive and work to optimize the investment of national wealth of oil and gas and the development of the industry and to achieve the advancement of the economic reality of the country."
He said the oil minister that "the national gas company law to ensure the development of investment facilities and gas production facilities and petrochemical industry and related industries gas fields as well as greater coordination between the rings production and consumption of natural gas and the development of workers in this sector efficiency."

For his part, Undersecretary for gas that " the adoption of the law of the national gas company would design and organize gas investment policy in the country and lead the implementation of projects and operation of the facilities according to international standards programs, as the studies and plans indicate that Iraq possesses huge potential can be up to 5000 rates of Mqmq (million standard cubic feet per day) and the concomitant production of massive amounts of condensate and dry gas, liquid , and other components and what makes Iraq in the ranks of leading investment optimization gas states. " sa

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Oil Minister: the completion of two drafts of oil and gas law and sent to the secretariat of the Council of Ministers
The news agency Buratha 38 01/18/2017


Oil Minister Ali Jabbar Hussein Allaibi announced a legal national oil company and the national gas company before the completion of the relevant departments in the ministry.

Allaibi said in a statement that "the draft law has been sent to the General Secretariat of the Council of Ministers with a view to discussion and approval and then carried over to the House legislation."

"The aim of the preparation of draft laws above is to strive and work to optimize the investment of national wealth of oil and gas and the development of the industry and to achieve the advancement of the economic reality of the country."

He said the oil minister that "the national gas company law to ensure the development of investment facilities and gas production facilities and petrochemical industry and related industries gas fields as well as greater coordination between the rings production and consumption of natural gas and the development of workers in this sector efficiency."

For his part, Undersecretary for gas that "the adoption of the law of the national gas company would design and organize gas investment policy in the country and lead the implementation of projects and operation of the facilities according to international standards programs, as the studies and plans indicate that Iraq possesses huge potential can be up to 5000 rates of Mqmq [million standard cubic feet per day] and the concomitant production of massive amounts of condensate and dry gas, liquid, and other components and what makes Iraq in the ranks of leading investment optimization gas states. "

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Oil announces the completion of a draft oil and gas law and send it to the Secretariat of the Council of Ministers

Economy News / Baghdad ...



The Oil Ministry announced, Wednesday, for the completed draft oil and gas law and send it to the Secretariat of the Council of Ministers, noting that the goal is to strive and work to optimize the investment of national wealth of oil and gas.

The oil minister said Jabar Ali, while Allaibi "The ministry has completed a draft oil and gas law, in addition to a legal national oil company and national gas company by the relevant departments in the ministry and sent the General Secretariat of the Council of Ministers, in order to discussion and approval and then carried over to the House of Representatives to Thariahma."

Allaibi He explained that "the aim of preparing the bills is to seek and work to optimize the investment of national wealth of oil and gas and the development of the industry and to achieve the advancement of the economic reality of the country."

Allaibi pointed out that "the national gas company law to ensure the development of investment facilities and gas production facilities and petrochemical industry and related industries gas fields, as well as greater coordination between the rings production and consumption of natural gas and the development of workers in this sector efficiency."

For his part, confirmed Undersecretary for gas Hamid Younis that "the adoption of the law of the national gas company would design and organize gas investment policy in the country and lead the implementation of projects and operation of the facilities according to international standards programs," explaining that "the studies and plans indicate that Iraq possesses huge potential can rates of up to (5000) Mqmq (million standard cubic feet per day) and the concomitant production of massive amounts of condensate and dry gas, liquid, and other components and what makes it in the ranks of leading investment optimization gas states. "


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Views 83 Date Added 01/18/2017 - 14:27 Last updated 18/01/2017 - 18:43 No. Content 6499