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published the "morning" the most prominent articles of the law new oil and gas provided by the Council of Ministers, scheduled to be debated and passed by Parliament during the next term. According to a copy obtained by the "morning", the most prominent of these articles are:
Article 2: The purpose of this law to the following: -
First, that the ownership of the oil and gas in Iraq is for all people in all regions and provinces.
Second, control of oil and gas so as to ensure equitable distribution of their resources on the people.
Third: the federal government management and development of sources of petroleum in order to achieve the national interest at any stage of the operations of petroleum through the formations and bodies contained in this law.
Fourth: To formulate policies extractive to organize and develop oil and gas industry Alstkhrajah to achieve the highest benefit to the Iraqi people .
Fifth, access to the highest level of growth in reserves and production.
VI: maximizing the financial resources of Iraq through the appropriate investment of the wealth of oil and gas and conservation on the basis of technical and economic solid and rewarding.
VII: secure transfer of technology, training and staff development of Iraqis in the industry.
Eighth: the optimal use of infrastructure, development and environmental protection.
IX: Development of the Iraqi private sector to be effective and qualified and able to contribute substantially to the petroleum operations.
Article (3): This law seeks to achieve its objectives the following means: -
First: the establishment of a modern and advanced management petroleum operations in Iraq, including the development of strategies, policies and plans long-and medium-and short-term.
Second, laying the foundations for cooperation between relevant ministries and between them and regional bodies.
III: laying the foundations for coordination and consultation between the federal and provincial authorities and the provinces producing oil.
Fourth, expand the use of voltage direct in the public and private Iraqi and foreign operations of petroleum in Iraq based on the latest technology and a market economy.
V: Exchange of experiences between the Iraqi oil sector and the global oil industry.
Article (4): This law shall apply to petroleum operations in the occupied land and inland waters, territorial waters and Matanha in all parts of the Republic of Iraq, and in any part is subject to Iraqi law under an agreement or international law or international norms.
Article (5): A council called (Federal Council for Oil and Gas) headed by the Prime Minister or his nominee.
Article (
: The Council Minister as follows: -
First, the submission of draft laws on the oil sector to the House of Representatives.
Second, the ratification of the petroleum policies of the Board and oversee the application.
Third, overseeing the total operations of petroleum related exploration and development, production, transportation and marketing and issue regulations for them.
IV. ensure that the Council and the Ministry of the adoption of appropriate means and effective consultation and coordination with regional bodies and the provinces producing oil and gas in order to achieve the objectives of this law, as stipulated in the Constitution.
Article (9): First: The Council shall include the following: -
a. Adoption of the policies of the petroleum industry and federal plans for exploration and field development plans and the main pipe and adjusted.
b. Ratification of the instructions which include the negotiation and contracting standards for the granting of licenses or contracts for development, production and the eligibility criteria for companies.
c. Ratification of the model contracts exploration and development, production, according to the criteria set forth in this law and modified according to the classification of fields or areas of exploration according to annexes in order to achieve the highest benefit to the Iraqi people.
d. Approval of contracts for exploration and development and production licenses granted to carry out petroleum operations and to decide where and adjusted.
e. Approval of the financier and decide on the transfer of quotas among holders of licenses for exploration and development, production and subsequent amendments to the contracts provided that they do not adversely affect the degree and quality of national participation and percentage of the project.
and. Ensure that the competent body to explore, develop and exploit sources of petroleum in order to ascertain the oil and gas reserves and to compensate the production and add new reserves and in the interests of the Iraqi people, according to the provisions of laws, regulations and contractual terms and standards adopted.
Article (10): First: The Council shall be an office called the (Office of independent consultants) shall study the decades of exploration and development, production and development plans for oil and gas fields and any other matters relevant for such advice and recommendations in the matter to the Council.
Article (11): The Ministry of Oil as follows: -
First, the development of policies and draft laws and plans of petroleum.
II : Preparation of draft regulations and the issuance of instructions and data for the implementation of policies, laws and plans Petroleum Federation.
Third, overseeing the operations of petroleum in the light of the relevant legislation and contractual terms and international standards adopted in coordination with regional bodies and producing provinces to ensure uniform implementation and application of coherent policy petroleum in all parts of Iraq.
IV. : the development of programs and methods most successful in the development of fields discovered and developed and presented to the Council.
V.: Preparation of draft policies and plans of the Federal targeted for exploration, development and production to cover determine the production levels necessary in the short term and long term, and to find optimal solutions to geographical distribution and the timing of curriculum exploration, development and production consultation and coordination with regional bodies and the provinces and submitted to the Council for review and approval.
VI: To provide a comprehensive plan to the Council to explore for oil and gas in all parts of Iraq in consultation with regional bodies and the producing provinces and classification of areas according to the prospects for oil and gas.
VII: modeling contracts for exploration and development, production, and collaboration with the Iraqi National Oil Company and regional bodies, each according to his responsibility specified in this law and the international oil companies on the other.
Eighth: verification of the costs and expenses incurred by the holders of licenses.
IX: to ensure obtaining the revenue accruing to the state of the implementation of contracts for exploration, development and production.
Tenth: negotiating with other countries and international and regional organizations with regard to relevant international conventions, in accordance with the law and referred to the Council in preparation for approval.
Eleventh: representation of the Republic of Iraq in regional and international forums in the matters of oil and gas, according to law.
Twelfth: actions cycles of licenses related to activity in exploration, development and production fields and patches exploratory other than those mentioned in article (13 / II / a and b) and Article (14 / II) according to the mechanisms provided for in Articles (15), (16), (17) of this Act and the adoption of models contractual and eligibility criteria for companies and the instructions issued by the Council.
Article (12): Ministry of the implementation of supply contracts and services to the petroleum operations that fall outside the scope of contracts for exploration, development and production, according to the laws in force.
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published the "morning" the most prominent articles of the law new oil and gas provided by the Council of Ministers, scheduled to be debated and passed by Parliament during the next term. According to a copy obtained by the "morning", the most prominent of these articles are:
Article 2: The purpose of this law to the following: -
First, that the ownership of the oil and gas in Iraq is for all people in all regions and provinces.
Second, control of oil and gas so as to ensure equitable distribution of their resources on the people.
Third: the federal government management and development of sources of petroleum in order to achieve the national interest at any stage of the operations of petroleum through the formations and bodies contained in this law.
Fourth: To formulate policies extractive to organize and develop oil and gas industry Alstkhrajah to achieve the highest benefit to the Iraqi people .
Fifth, access to the highest level of growth in reserves and production.
VI: maximizing the financial resources of Iraq through the appropriate investment of the wealth of oil and gas and conservation on the basis of technical and economic solid and rewarding.
VII: secure transfer of technology, training and staff development of Iraqis in the industry.
Eighth: the optimal use of infrastructure, development and environmental protection.
IX: Development of the Iraqi private sector to be effective and qualified and able to contribute substantially to the petroleum operations.
Article (3): This law seeks to achieve its objectives the following means: -
First: the establishment of a modern and advanced management petroleum operations in Iraq, including the development of strategies, policies and plans long-and medium-and short-term.
Second, laying the foundations for cooperation between relevant ministries and between them and regional bodies.
III: laying the foundations for coordination and consultation between the federal and provincial authorities and the provinces producing oil.
Fourth, expand the use of voltage direct in the public and private Iraqi and foreign operations of petroleum in Iraq based on the latest technology and a market economy.
V: Exchange of experiences between the Iraqi oil sector and the global oil industry.
Article (4): This law shall apply to petroleum operations in the occupied land and inland waters, territorial waters and Matanha in all parts of the Republic of Iraq, and in any part is subject to Iraqi law under an agreement or international law or international norms.
Article (5): A council called (Federal Council for Oil and Gas) headed by the Prime Minister or his nominee.
Article (
: The Council Minister as follows: - First, the submission of draft laws on the oil sector to the House of Representatives.
Second, the ratification of the petroleum policies of the Board and oversee the application.
Third, overseeing the total operations of petroleum related exploration and development, production, transportation and marketing and issue regulations for them.
IV. ensure that the Council and the Ministry of the adoption of appropriate means and effective consultation and coordination with regional bodies and the provinces producing oil and gas in order to achieve the objectives of this law, as stipulated in the Constitution.
Article (9): First: The Council shall include the following: -
a. Adoption of the policies of the petroleum industry and federal plans for exploration and field development plans and the main pipe and adjusted.
b. Ratification of the instructions which include the negotiation and contracting standards for the granting of licenses or contracts for development, production and the eligibility criteria for companies.
c. Ratification of the model contracts exploration and development, production, according to the criteria set forth in this law and modified according to the classification of fields or areas of exploration according to annexes in order to achieve the highest benefit to the Iraqi people.
d. Approval of contracts for exploration and development and production licenses granted to carry out petroleum operations and to decide where and adjusted.
e. Approval of the financier and decide on the transfer of quotas among holders of licenses for exploration and development, production and subsequent amendments to the contracts provided that they do not adversely affect the degree and quality of national participation and percentage of the project.
and. Ensure that the competent body to explore, develop and exploit sources of petroleum in order to ascertain the oil and gas reserves and to compensate the production and add new reserves and in the interests of the Iraqi people, according to the provisions of laws, regulations and contractual terms and standards adopted.
Article (10): First: The Council shall be an office called the (Office of independent consultants) shall study the decades of exploration and development, production and development plans for oil and gas fields and any other matters relevant for such advice and recommendations in the matter to the Council.
Article (11): The Ministry of Oil as follows: -
First, the development of policies and draft laws and plans of petroleum.
II : Preparation of draft regulations and the issuance of instructions and data for the implementation of policies, laws and plans Petroleum Federation.
Third, overseeing the operations of petroleum in the light of the relevant legislation and contractual terms and international standards adopted in coordination with regional bodies and producing provinces to ensure uniform implementation and application of coherent policy petroleum in all parts of Iraq.
IV. : the development of programs and methods most successful in the development of fields discovered and developed and presented to the Council.
V.: Preparation of draft policies and plans of the Federal targeted for exploration, development and production to cover determine the production levels necessary in the short term and long term, and to find optimal solutions to geographical distribution and the timing of curriculum exploration, development and production consultation and coordination with regional bodies and the provinces and submitted to the Council for review and approval.
VI: To provide a comprehensive plan to the Council to explore for oil and gas in all parts of Iraq in consultation with regional bodies and the producing provinces and classification of areas according to the prospects for oil and gas.
VII: modeling contracts for exploration and development, production, and collaboration with the Iraqi National Oil Company and regional bodies, each according to his responsibility specified in this law and the international oil companies on the other.
Eighth: verification of the costs and expenses incurred by the holders of licenses.
IX: to ensure obtaining the revenue accruing to the state of the implementation of contracts for exploration, development and production.
Tenth: negotiating with other countries and international and regional organizations with regard to relevant international conventions, in accordance with the law and referred to the Council in preparation for approval.
Eleventh: representation of the Republic of Iraq in regional and international forums in the matters of oil and gas, according to law.
Twelfth: actions cycles of licenses related to activity in exploration, development and production fields and patches exploratory other than those mentioned in article (13 / II / a and b) and Article (14 / II) according to the mechanisms provided for in Articles (15), (16), (17) of this Act and the adoption of models contractual and eligibility criteria for companies and the instructions issued by the Council.
Article (12): Ministry of the implementation of supply contracts and services to the petroleum operations that fall outside the scope of contracts for exploration, development and production, according to the laws in force.
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