Shahristani's (people): Iraq's oil policy in the right way
Baghdad in particular:
Posted 30/07/2011 09:22 PM
Deputy Prime Minister for the energy that retract for oil licensing rounds, stressing that the oil policy in the right way. The calls launched by members of the Committee on Energy representative to review the contracts of oil licensing rounds first and second.
Hussain al-Shahristani's (people) that "the Iraqi government will not back away from licensing rounds, the first and second, because it contracts for investment of money and not sharing contracts." He added that "oil policy in Iraq on track and the government is working to address administrative obstacles and legal obstacles to the lifting of Iraqi oil production. " He pointed out that "hosting the House of Representatives was important to clarify the obstacles to the development of oil policy in the country and to clarify the economic development projects." And hosted the Iraqi Council of Representatives, last Thursday, Deputy Prime Minister Hussein al-Shahristani, Minister of Electricity to discuss the impediments to energy in the country. And critical of the Commission on oil and energy parliamentary constantly by the Ministry of Oil marginalization in contracts the task, including a Shell, which raised thereon legal problems, which began studying with regard to paragraph b of the contract, which confirms the transfer of the assets of the South Gas Company to the gas company Basra without any legal justification, as it did not specify the initial contract with Shell assets and the value of assets to be transferred to the Gas Company of Basra, which had not been established so far as the capital is disproportionate to the assets of Southern Gas Company, with up to $ 20 million in estimated assets only, while the South Gas Company in millions of dollars. Iraq's government announced last week that the Cabinet will next week, the law of oil and gas out of the discussion and a final draft and sent to the House of Representatives to endorse it. The Committee announced that state energy which is chaired by Deputy Prime Minister Hussein al-Shahristani on July 14 that it has completed amendments to the draft law of oil and gas and sent to the prime minister to make adjustments. And the failure of the House of Representatives Bdorth previous pass oil and gas law, which was expected to rise oil situation if approved, . The text of the Iraqi constitution, the formation of the Federal Oil, headed by Prime Minister or his deputy, under his chairmanship and membership includes both of the Ministers of Oil, Finance, Planning and Development Cooperation in the federal government and the Iraqi Central Bank Governor and a representative from each province, a minister and a representative from each province produced is regularly in the province and the executive heads of major oil corporations with the relationship and by including the national oil company of Iraq and the oil marketing company and the relevant experts affairs of the oil and gas, finance and economy, not more than three are appointed for a maximum of five years by decision of the Council of Ministers
http://www.alnaspaper.com/inp/view.asp?ID=2460
Baghdad in particular:
Posted 30/07/2011 09:22 PM
Deputy Prime Minister for the energy that retract for oil licensing rounds, stressing that the oil policy in the right way. The calls launched by members of the Committee on Energy representative to review the contracts of oil licensing rounds first and second.
Hussain al-Shahristani's (people) that "the Iraqi government will not back away from licensing rounds, the first and second, because it contracts for investment of money and not sharing contracts." He added that "oil policy in Iraq on track and the government is working to address administrative obstacles and legal obstacles to the lifting of Iraqi oil production. " He pointed out that "hosting the House of Representatives was important to clarify the obstacles to the development of oil policy in the country and to clarify the economic development projects." And hosted the Iraqi Council of Representatives, last Thursday, Deputy Prime Minister Hussein al-Shahristani, Minister of Electricity to discuss the impediments to energy in the country. And critical of the Commission on oil and energy parliamentary constantly by the Ministry of Oil marginalization in contracts the task, including a Shell, which raised thereon legal problems, which began studying with regard to paragraph b of the contract, which confirms the transfer of the assets of the South Gas Company to the gas company Basra without any legal justification, as it did not specify the initial contract with Shell assets and the value of assets to be transferred to the Gas Company of Basra, which had not been established so far as the capital is disproportionate to the assets of Southern Gas Company, with up to $ 20 million in estimated assets only, while the South Gas Company in millions of dollars. Iraq's government announced last week that the Cabinet will next week, the law of oil and gas out of the discussion and a final draft and sent to the House of Representatives to endorse it. The Committee announced that state energy which is chaired by Deputy Prime Minister Hussein al-Shahristani on July 14 that it has completed amendments to the draft law of oil and gas and sent to the prime minister to make adjustments. And the failure of the House of Representatives Bdorth previous pass oil and gas law, which was expected to rise oil situation if approved, . The text of the Iraqi constitution, the formation of the Federal Oil, headed by Prime Minister or his deputy, under his chairmanship and membership includes both of the Ministers of Oil, Finance, Planning and Development Cooperation in the federal government and the Iraqi Central Bank Governor and a representative from each province, a minister and a representative from each province produced is regularly in the province and the executive heads of major oil corporations with the relationship and by including the national oil company of Iraq and the oil marketing company and the relevant experts affairs of the oil and gas, finance and economy, not more than three are appointed for a maximum of five years by decision of the Council of Ministers
http://www.alnaspaper.com/inp/view.asp?ID=2460