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Oil and energy parliamentary: We will not allow a fourth with a round licenses without the approval of oil and gas law
17/06/2011 11:58
Baghdad, June 17 (Rn) - A member of the parliamentary oil and energy, Friday, that the Commission decided not to do the fourth licensing round for oil there is no legal justification to hold them at the present time without the adoption of the law of oil and gas.
Said Furat al-Shara told the Kurdish news agency (Rn) that "the Committee on Oil and Energy has prepared a statement read at the meeting of the House of Representatives calling for the Oil Ministry to take the committee's approval or waiting for the oil and gas law in determining the date for the licensing round, the fourth."
"The Energy Commission believes that there are legal and technical problems should be addressed by the ministry before heading towards the holding of the fourth round of licensing and presentation of 12 sites for exploration by international companies."
He said, "his committee is trying to solve this problem in private meetings away from provocative speeches in order not to take advantage of the fourth round of licensing file for political purposes by some parliamentary blocs."
A commission of oil and energy in the first parliamentary May that it had requested formally by the Ministry of oil licensing round, the fourth postponement of the lack of need for Iraq in the current phase
The Iraqi Oil Minister Abdul-Karim and coffee had earlier announced earlier this month for his willingness to launch a fourth round of licenses to foreign companies dedicated to invest 12 exploration blocks in the areas of crude oil and gas.
The oil ministry had announced earlier this month it had ended for Astaadatha to do a fourth tour of licenses.
The parliamentary committee said earlier that Iraq's production of crude oil, which amounted to two and a half million barrels a day is disproportionate to the country's economic projects.
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.
And announced that the Iraqi Oil Ministry in September / September last year that crude oil inventories in the country was 505 billion barrels of discovered fields that $ 66 oil fields, with total recoverable reserves of 143 billion barrels of oil.
And fired the Iraqi Oil Ministry three rounds of oil licenses to invest and develop oil fields.
Plans to increase Iraq's oil exports during the next six years to 12 million barrels per day after obtaining the approval of the international oil (OPEC).
Wanan of Jafar, the Open: Peace Baghdadia
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17/06/2011 11:58
Baghdad, June 17 (Rn) - A member of the parliamentary oil and energy, Friday, that the Commission decided not to do the fourth licensing round for oil there is no legal justification to hold them at the present time without the adoption of the law of oil and gas.
Said Furat al-Shara told the Kurdish news agency (Rn) that "the Committee on Oil and Energy has prepared a statement read at the meeting of the House of Representatives calling for the Oil Ministry to take the committee's approval or waiting for the oil and gas law in determining the date for the licensing round, the fourth."
"The Energy Commission believes that there are legal and technical problems should be addressed by the ministry before heading towards the holding of the fourth round of licensing and presentation of 12 sites for exploration by international companies."
He said, "his committee is trying to solve this problem in private meetings away from provocative speeches in order not to take advantage of the fourth round of licensing file for political purposes by some parliamentary blocs."
A commission of oil and energy in the first parliamentary May that it had requested formally by the Ministry of oil licensing round, the fourth postponement of the lack of need for Iraq in the current phase
The Iraqi Oil Minister Abdul-Karim and coffee had earlier announced earlier this month for his willingness to launch a fourth round of licenses to foreign companies dedicated to invest 12 exploration blocks in the areas of crude oil and gas.
The oil ministry had announced earlier this month it had ended for Astaadatha to do a fourth tour of licenses.
The parliamentary committee said earlier that Iraq's production of crude oil, which amounted to two and a half million barrels a day is disproportionate to the country's economic projects.
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.
And announced that the Iraqi Oil Ministry in September / September last year that crude oil inventories in the country was 505 billion barrels of discovered fields that $ 66 oil fields, with total recoverable reserves of 143 billion barrels of oil.
And fired the Iraqi Oil Ministry three rounds of oil licenses to invest and develop oil fields.
Plans to increase Iraq's oil exports during the next six years to 12 million barrels per day after obtaining the approval of the international oil (OPEC).
Wanan of Jafar, the Open: Peace Baghdadia
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