August 12, 2011
The law of oil and gas will meet the aspirations of Iraqis in the development of the oil sector
A member of the Commission on oil and energy in the House of Representatives Bayazid Hassan, the law of oil and gas will meet the aspirations of the Iraqi citizen in the organization and develop the oil sector.
He told the National Iraqi News Agency that the law will take the oil sector in Iraq's provinces and regions, and the distribution of power in the management of oil and other riches.
continued This law includes the formation of the Federal Council for Oil and Gas, which is the highest authority for strategic planning of oil policy in the management of all oil operations in Iraq.
He said good to the enactment of this Act will maintain the funds of investors will be encouraged to attract major companies and investors in the development of the oil sector because of the legal framework for this important sector.
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