Tuesday, August 9, 2011

*Iraq Oil and Gas Law ~ Kurdistan support the draft law of oil and gas prepared parliamentary ...


Tuesday, 09 August

Kurdistan support the draft law of oil and gas prepared parliamentary

Declared the Kurdistan Alliance in the Iraqi Council of Representatives, Tuesday, expressed support for the draft law of oil and gas in Iraq prepared by the Commission on oil and energy, and voted unanimously by the sixteen members, and submitted it to the Presidency of the Council of Representatives.

A member of the Kurdistan Alliance Qassim Mohammed said that "Kurdistan with the draft law of oil and gas, prepared by the relevant committee in the Council and the lifting to the presidency of the Council for discussion, because it is consistent with articles 111 and 112 of the permanent Iraqi constitution, and not have any reservations about it."

He was a member of the Commission on oil and energy parliamentary Farhad Atroshi said in an interview earlier (twilight) that his committee has prepared a draft law of oil and gas instead of the bill, passed by the Council of Ministers earlier, indicating that in the absence of a government bill, the Energy Commission agreed to provide alternative prepared by the House of Representatives for a vote.

He said Mohammed, a member of the Commission on oil and gas that "is expected to be among some parties comments on the project, so there must be a political consensus to pass in the House of Representatives by a majority of votes."

Article 111 of the Constitution of Iraq, which passed on a permanent basis in 2005 that "the oil and gas is the property of all Iraqi people in all the regions and governorates," while Article 112:



First: The federal government will administer oil and gas extracted from current fields with the governments of the regions and governorates productive ... and is regulated by law,

Second: The federal government and governments of producing regions and provinces together will draw up the necessary strategic policies to develop oil and gas wealth,

The special powers are oil and gas sector one of the outstanding contentious issues between the governments in Baghdad and Erbil, which is still moot between the two sides.

http://www.shafaaq.com/sh2/news/economy-news/32734-2011-08-09-09-46-39.html