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Specialists expect the arrival of Iraq's oil revenues to 84 billion dollars annually.
On: Friday 29/7/2011 6:12
Follow-up / long
oil experts expect the arrival of Iraq's oil revenues end of the year to 84 billion dollars, at the time of the approval process surrounding the oil and gas law in the House several delays.
and a government adviser revealed the postponement of debate on the law of oil and gas to the next week.
Said Abdul-Hussein Al Jabri told the Kurdish news agency (Rn) that "the draft law of oil and gas will be presented to the Council of Ministers at its next Tuesday instead of this week because of the concern meetings of leaders of political blocs."
"The cabinet will present a draft law of oil and gas rate by Energy Commission government, headed by Deputy Prime Minister for Energy, Hussein al-Shahristani, to be discussed and then voted on and sent to the House of Representatives. "
"The Presidential Council of Ministers sent a copy of a draft law of oil and gas to the Legal Committee of the Council of the Prime Minister to develop a comprehensive study on the law."
The Committee announced its state energy which is chaired by Deputy Prime Minister Hussein al-Shahristani on July 14 announced that it completed the amendments to the draft law of oil and gas and sent to the prime minister to make adjustments.
and the failure of the House of Representatives Bdorth previous pass oil and gas law, which was expected to rise oil situation if approval.
The text of the Iraqi constitution, the formation of the Federal Oil, headed by Prime Minister or his deputy, under his chairmanship and membership includes both of the Ministers of Oil, Finance, Planning and Development Cooperation in the Federal Government and the Governor of Central Bank of Iraq and a representative from each province, a minister and a representative from each province produced irregularly in the province and the chief executives of major oil corporations with the relationship and by including the national oil company of Iraq and the oil marketing company specialized experts affairs of the oil and gas, finance and economy, not more than three are appointed for a maximum of five years by the Council of Ministers.
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