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Hassani: Adoption of the Law of the National Oil Company will better management of oil resources

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Source: Radio Tigris - 26/09/2009

Hassani: Adoption of the Law of the National Oil Company will better management of oil resources


Expressed member of the parliamentary oil and gas Abdul Hadi al-Hassani on the belief that the adoption of a law to achieve the national oil company, which recently arrived to the Commission and other relevant committees in the House of Representatives to better manage petroleum resources.

Hassani said in a statement that the adoption law will better management of national oil through the distribution of tasks between the company and the Oil Ministry.

Noting that it will regain also establish the national oil company carried out major tasks, the organization of the relationship between Iraq and foreign oil companies.

Hassani explained that the Ministry of oil alone is not able to manage this great wealth as an obligation to work in contracts and Kmsouk oil, as well as the distribution of derivatives in Iraq and carry out petroleum licenses.

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