Tuesday, July 24, 2012

Committee on oil and energy stresses that the enactment of the oil and gas will be followed by the formation of the Federal Council ...

Related article .. link .. *A joint committee to the enactment of the Federal Council

24/07/2012

Committee on oil and energy stresses that the enactment of the oil and gas will be followed by the formation of the Federal Council

Baghdad/features & status of the Iraqi media network-Committee on oil and energy in the House of representatives to composition of the Federal Council for oil and gas in the country will be after the enactment of the oil and gas in the House.

He said the Parliamentary Committee decision þçóã ãíãï (features & status of the Iraqi media network) that "this Council bodies task and composition as a result of disagreements over the much-delayed oil law under his tent and the gas that has many important laws and procedures awaiting legislation to move her, including the formation of this Council".

And "case law of oil and gas over the past few days have seen some détente after a meeting between oil and energy committees and legal with the Presidency of the House where the two committees meeting next week to choose a copy of bills submitted to Parliament for discussion.

"The projects submitted correspond to different views, even within the Committee on oil and energy, some of the members of the Committee supported a Bill 2007 and the other supports the draft of 2011 and the upcoming meeting will resolve this dichotomy by choosing one of the drafts or procedure or entering adjustments to one and submitted for discussion within the House".

And the Federal Council for the oil and gas Commission is proposed in the draft 2007 law of oil and gas. Under the Bill, the Council will be given the power to review all contracts and identify oil and gas policies and give the Council played a crucial role in the future development of the oil sector in Iraq, and effective control over their natural resources

In the 2011 submit Bills competitors-one before a parliamentary Committee, and the other by the Iraqi Council of Ministers-and presented to the Iraqi Parliament, contains both modified the role of the Federal Council for the oil and gas specified in the original Bill for 2007.

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