coconut
06-23-2007, 11:08 PM
The new oil law to the Parliament Act Iraqi oil before the new Iraqi Parliament asked the Iraqi Ministry of Oil from the Iraqi parliament to start discussing a draft bill governing the distribution of oil revenue from the oil resources of Iraq. The request comes the Iraqi oil ministry amid claims that the administration of President George W. Bush's Iraqi Parliament expedite steps to realize this important legislation. The Ministry hopes to begin Iraqi Parliament to discuss the draft in the coming days, according to ministry spokesman Assem Jihad. Although Iraqi Oil Minister Hussein Shahrastani out of the country on an official visit to China, accompanied by President Jalal Talabani, the parliament can begin to discuss the law before the return of the minister, according to what he said Assem. The request comes Iraqi Oil Ministry this central claim of President Bush's Iraqi Parliament to expedite steps to realize this important legislation. The parliament has been sharply criticized for planning vacation for two months. It said Iraqi Foreign Minister Hoshyar Zebari pw CNN last Sunday that Parliament agreed to "reduce vacation to one week or maybe two weeks." The Congress had called on legislators to leave 18 Iraqis politically legislation on the agenda before the Iraqi parliament in September. It is this legislation, the law governing the distribution of oil revenues for the country, and the law includes amending the constitutional articles that allow the establishment of federal law, which allows former members of the Iraqi Baath party disbanded return to their jobs Assembly. It is noteworthy that the Iraqi Parliament, at the invitation of the Iraqi Business Council, organized last April a seminar in Dubai to discuss the draft law on new oil and gas. At the symposium criticized Ahti Hourani and Petroleum Minister of the Kurdistan new law because of its emphasis on decentralized decision Oil, The restructuring included a decision to the Iraqi National Oil Company. The reviving of the national oil company of Iraq and the establishment of a common fund for oil revenues prominent features of this law, in addition to the new division of oil wells, where they will be granted production rights in 52 oil wells to a national company, will compete with foreign companies to invest 26 wells human unproductive after alongside Neil exploration licenses. As for the criteria, which would distribute oil revenues, the law on two main criteria, namely number of residents maintain First, The rate of damage suffered during the previous regime or in the events that followed. more news reading higher demand and lower dollar exchange rate-[1086] imports Baghdad from Tehran exceeded eight billion dollars in 2006-[760] Iraqi banks disclose annual profits-[517] Federation of Industry and Commerce organized a conference Germany - Iraqi joint economically-[436] completed water project in Basra-[429] Report : Iraqi economy will see improvement in the medium-term and long-[388] investors Iraqis continue their business in Jordan steps fixed-[381] granting exceeded six billion dinars-[248] Shahrastani : will be allocated a number of Hawwadiat tanks for the distribution of gasoline to the citizens of Baghdad-[214] - up operations and the reconstruction of the bridge Saraveh Mutannabi Street-[213]
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