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Iraq's political crisis is affecting ability to legislate oil law, says parliamentary committee


17 Jun 2012
The Iraqi political crises has negatively affected the country's ability to legislate the oil and gas law and the country is in desperate of this law, said Iraq's parliamentary oil and energy committee. Member of the committee Furat al-Shara said: "The ratification of the oil and gas law needs time due to the country's current political crises. "The committee is serious about the law approval but political issues reflected negatively on these efforts. "Iraq has been desperate to have an oil and gas law since 2003 due to administrative changes. There are local governments in provinces, the Kurdistan Region in the north and foreign companies. All need an oil and gas law." Iraq's Cabinet of Ministers approved a draft oil and gas law in 2007 but the law faced objections from Kurdish observers. The version gave more rights to Baghdad on oil revenue sharing and control of some fields in northern Iraq and restricted the Kurdistan Regional Government's authority on oil exploration and signing contracts with foreign companies.
Iraq oil deals talks between Turkey and USالنفط تؤكد التوسع بمفصل التكريرمحطة المسيب الى الخدمة بعد صيانة استمرت 45 يومارجب طيب اردوغانتأهل 6 شركات دولية لنقل 4 ملايين برميل من النفط العراقي الى مصر شهرياًPipelinesمحطة المنصورية الغازيةمصر تدرس تقديم ضمانات للحكومة العراقية لتوريد 4 ملايين برميل نفط شهريا
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