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Iraq calls for a temporary advisory body to draw the oil policy
10/03/2012 14:16
Baghdad, March 10 / March (Rn) - The experts in the Iraqi economy Saturday to the formation of an advisory body to oversee the policy-making oil in the country in an effort apparently to widen the circle of decision-making.
Economists say that Iraqis should be the establishment of the Federation Council to stop the oil and the oil ministry of exclusivity decisions, but the other witness is the witness differences as well as oil and gas law.
According to the constitution, the Federal Council for Oil and Gas shall supervise the management of oil wealth in the country and develop the fields and supervise the agreements, oil and prepare drafts of laws that will be concluded with foreign companies and then approval.
He said Iraq's economic Ahmed Abdullah, told the Kurdish news agency (Rn) that "the Iraqi government demanding the establishment of an advisory board perform the functions of the Federation Council to draw a political oil and oil resources in the country."
He said Ahmed, a member of the Iraqi Chamber of Commerce that the formation of the Union Oil is not only after the approval of oil and gas law.
And rejects the Kurdistan region of Iraq strongly draft law of oil and gas brought by the Iraqi Council of Ministers to the Legislative Council for approval and asked to make amendments and drag.
The roots of the crisis between Baghdad and Erbil to oil contracts were entered into the region has with international oil companies without the consent of the Federal Oil Ministry contracts that were considered "invalid" and contrary to the Constitution.
Ahmed said that he should be "to form a committee of trustees or advisers following the work of the Ministry of oil and is closely monitoring the course of dealings with oil companies and the mechanism of the global marketing of oil until the formation of the Federation Council the oil."
Iraq has signed a series of agreements with oil companies trying to major in which to increase oil production to four times its current size.
The economist said Hamza Jeweler's (Rn), "This idea is aimed at addressing the imbalance in the political exploitation of Iraqi oil. I think it may contribute to addressing the problems of oil in a professional manner."
"I used the file in the oil in Iraq Sih during the previous period because of overlapping political interests on the economic interests of the Supreme."
He noted that the project to establish an advisory body to the Ministry of higher oil will reduce the overlap between the governments in Baghdad and Erbil, Iraq will strengthen the ability of the separation of the oil sector from politics.
A member of the Parliamentary Committee on Oil Furat al-Shara's (Rn) that this idea needed to cover legal guarantees its work properly and defines its functions in accordance with the legal mechanism to regularly it will take the role of coordinator between legislation and implementation.
"The establishment of an advisory council puts us in a new problematic in the current stage, especially with the continued granting of positions in the oil sector on the basis of quotas and party affiliation."
And the failure of the House of Representatives to pass Bdorth previous oil and gas law, which was expected to rise if approved oil situation.
The government has said Iraq, said Iraq's production amounted to 3 million b / d of crude oil for the first time since 2003.
And Iraq has the fourth-largest oil reserves in the world is estimated at 115 billion barrels.
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10/03/2012 14:16
Baghdad, March 10 / March (Rn) - The experts in the Iraqi economy Saturday to the formation of an advisory body to oversee the policy-making oil in the country in an effort apparently to widen the circle of decision-making.
Economists say that Iraqis should be the establishment of the Federation Council to stop the oil and the oil ministry of exclusivity decisions, but the other witness is the witness differences as well as oil and gas law.
According to the constitution, the Federal Council for Oil and Gas shall supervise the management of oil wealth in the country and develop the fields and supervise the agreements, oil and prepare drafts of laws that will be concluded with foreign companies and then approval.
He said Iraq's economic Ahmed Abdullah, told the Kurdish news agency (Rn) that "the Iraqi government demanding the establishment of an advisory board perform the functions of the Federation Council to draw a political oil and oil resources in the country."
He said Ahmed, a member of the Iraqi Chamber of Commerce that the formation of the Union Oil is not only after the approval of oil and gas law.
And rejects the Kurdistan region of Iraq strongly draft law of oil and gas brought by the Iraqi Council of Ministers to the Legislative Council for approval and asked to make amendments and drag.
The roots of the crisis between Baghdad and Erbil to oil contracts were entered into the region has with international oil companies without the consent of the Federal Oil Ministry contracts that were considered "invalid" and contrary to the Constitution.
Ahmed said that he should be "to form a committee of trustees or advisers following the work of the Ministry of oil and is closely monitoring the course of dealings with oil companies and the mechanism of the global marketing of oil until the formation of the Federation Council the oil."
Iraq has signed a series of agreements with oil companies trying to major in which to increase oil production to four times its current size.
The economist said Hamza Jeweler's (Rn), "This idea is aimed at addressing the imbalance in the political exploitation of Iraqi oil. I think it may contribute to addressing the problems of oil in a professional manner."
"I used the file in the oil in Iraq Sih during the previous period because of overlapping political interests on the economic interests of the Supreme."
He noted that the project to establish an advisory body to the Ministry of higher oil will reduce the overlap between the governments in Baghdad and Erbil, Iraq will strengthen the ability of the separation of the oil sector from politics.
A member of the Parliamentary Committee on Oil Furat al-Shara's (Rn) that this idea needed to cover legal guarantees its work properly and defines its functions in accordance with the legal mechanism to regularly it will take the role of coordinator between legislation and implementation.
"The establishment of an advisory council puts us in a new problematic in the current stage, especially with the continued granting of positions in the oil sector on the basis of quotas and party affiliation."
And the failure of the House of Representatives to pass Bdorth previous oil and gas law, which was expected to rise if approved oil situation.
The government has said Iraq, said Iraq's production amounted to 3 million b / d of crude oil for the first time since 2003.
And Iraq has the fourth-largest oil reserves in the world is estimated at 115 billion barrels.
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