Sunday, October 9, 2011

Iraq and OPEC ~ the marginalization of the regions and provinces in the oil and gas law undermines Iraq's position in OPEC

October 8, 2011

Experts: the marginalization of the regions and provinces in the oil and gas law undermines Iraq's position in OPEC

Baghdad, A number of economists and those concerned with energy, on Saturday, the marginalization of the regions and provinces in the oil and gas law undermines Iraq's position in OPEC.

The director of the center of the Iraqi market to Ke Ji told the Kurdish news agency (Rn) "The" non-involvement of the regions and provinces in the formulation of the political country's oil and expand its powers weaken Iraq's position in OPEC because it depends on the political diversification of management of oil. " He said, "in all countries of the world share of local governments in the formulation of national political Antiaj and export of oil, a natural right has supported by laws.

He pointed out that "not to involve the regions and governorates, contrary to the law 112 of the Iraqi Constitution, which focuses on the involvement of the provinces in crude oil production and export." In turn, economic analyst and member of the Economic Forum, the Iraqi Karim Mawla (Rn) that "the Arbil governorate councils has a right to object to the oil and gas law, which the government sent him because he marginalizes any role for the provinces and provincial councils.

He added that "the Iraqi government is trying to provide channels in common with the region to resolve the political problem of oil, especially that there is a tendency to address the crisis, export of crude oil from the fields of Arbil.

He explained that "the Iraqi government ignored the draft law of oil and gas in 2007 reached by the political blocs to consensus on many issues and submitted to Parliament a draft law in 2011 that conflicts with the Iraqi Constitution.

For his part, said a member of the Energy Commission, the parliamentary Farhad Amin Atrushi (Rn) that " There is an agreement between the political blocs to expand the role of the regions and the provincial councils in the formulation of political oil and approval of the law of oil and gas makes oil policy-managed government work collectively and without marginalization.

He added that "the Commission on oil and energy working to address legal problems in the draft law of oil and gas in accordance with the Convention Erbil, which focused on the approval of oil and gas law.

"Article 112 of the Iraqi Constitution

First: The federal government will administer oil and gas extracted from current fields with the governments of producing regions and provinces, to be distributed and imports fairly commensurate with the demographic distribution all over the country, with determine the share for a period LENDING TO AND MANAGING for affected regions, which denied them an unfair way by the former regime, which had been damaged after a way that ensures balanced development in different parts of the country, and this shall be 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, in order to achieve the highest benefit to the Iraqi people, relying most modern techniques of market principles and encouraging investment.

The Committee on Oil and Energy representative has decided to postpone the adoption of a law the national oil company until the passage of a law of oil and gas. The oil ministry has declared the month of September / September last year that the crude oil inventories in the country was 505 billion barrels of discovered fields that $66 oil fields, with total recoverable reserves of 143 billion barrels of oil. intends to Iraqi oil exports be increased during the next six years to 12 million barrels per day after obtaining the approval of the Organization of Oil World (OPEC)
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