03/11/2009 10:48 p.m.
واخ – وكالات Et al - Agencies
Oil Minister Hussain al-Shahristani said Iraq was able to attract leading global companies to invest in oil exploration and development to be able to raise production in support of the national economy.
Shahristani said: "The Chinese and British companies who are working on Tootooer Haklalrmelp southern and agreed to Iraq's request that the share of the additional product from the barrel of the field two and it will pay 35 percent tax to the Ministry of Finance and 25 percent quota for Iraqi partner with the contractor, so will have up to 67 cents a barrel, the product The extra Manatkdh appropriate.
"the minister continued attached to the conference by representatives of company (BP) and British (CNBC) Chinese" that the business is not selling the Iraqi fields of oil fields, but will service and will take to companies riding on the production costs per barrel of any additional it will not become a partner in the Iraqi oil. "
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Shahristani: oil contracts did not need to be approved by the House of Representativesشريط الاخبار 04-11-2009
بغداد/ اور نيوز Baghdad / Orr News
Oil Minister Hussain al-Shahristani said that oil contracts signed by the Oil Ministry with foreign companies did not need to be approved by the House of Representatives, saying it (the contract) "require the approval of the Council of Ministers after the exposure and the Oil Ministry's Council, which endorses it."
He said, "what's on the House of Representatives of international conventions that regulate only between two or more are not presented by the conventions and commercial contracts," noting that
"what is being said statements from some members of the House of Representatives holds politically motivated and I'm not interested to answer them," indicating that a deputy or a person of the Iraqi people want access to oil contracts Fmaalih only to visit the oil ministry and will find displayed before him. "
