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Oil and energy parliamentary licensing rounds are "contrary" to the Constitution
Editor: SZ | GS Monday, 29 August 2011 14:51 GMT
Member of the Commission on oil and energy parliamentary Uday Awad
Alsumaria News / Baghdad, *****considered the Commission on oil and energy parliamentary Monday, *****that the licensing rounds that are made with companies***** is unconstitutional and a violation of Iraqi laws,***** accusing the Ministry of Oil exclusivity management of oil resources, *****while suggesting that it demanded copies of contracts in this area did not get it yet .***** A member of the Commission on oil and energy Uday Awad in an interview for "Alsumaria News", *****"A lot of contracts and licensing rounds***** in violation of the laws and the Constitution, *****has demanded copies of contracts with companies that contracted***** with the oil ministry has not received any copy of the grounds ******that it is translated and demanded copies untranslated did not reach us. " *****said Awad that "there are some substantive amendments *****will be held on the oil and gas law *****that is supposed to give it additional strength***** for the purpose of the organization of the oil wealth***** that we believe that there is a unique command of such power by the Ministry of Oil."***** stressed Awad said "the law oil and gas from the important laws that concern the House of Representatives approved in this session, "adding that" there is a consensus by all political blocs on the law was passed because of its great importance in the case of oil wealth as a wealth important for the Iraqi people. " The government Iraq announced on Sunday (28 August 2011), ratification of the draft law of oil and gas, referred to parliament for approval after nearly four years of differences on the bill, as it is expected that the law regulates the sector, which is the supplier of the country the only economic. before, and the Iraqi parliament warned in July the government to draft new oil and gas law if they continued to the Council of Ministers to block the original bill, which sees investors an indication crucial to stability in the country and on the basis of which has all the contracts contained within the licensing rounds, the three conducted by the government to invest oil since 2008. It was Iraq, which is a member of the OPEC countries producing and exporting oil, has signed more than 11 contracts worth billions of dollars with major international companies to develop oil fields, especially South of them without the presence of an oil law, and the government had already made the first draft of the law in February of the year 2007 to parliament, but political differences, especially on the relationship of the center in the governorates and the relationship of the center in the Kurdistan Region of Iraq have prevented the ratification of the law in parliament. Iraq currently produces about 2.7 million barrels a day rate of about 2.1 million of the southern fields and about 600 thousand barrels per day of the rights of Kirkuk, with a total What issued from the oil about 2.2 million barrels per day exported through the ports of Basra and the port of Ceyhan. aspire Iraq through investment contracts signed by the increase of oil production to 11 million barrels per day by 2017.
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