08/15/2012
Baghdad / follow-up JD / .. announced the Special Representative of the United Nations in Iraq, Martin Kobler that the Iraqi parliament approved the Law on the exploration for oil and gas is one of the priorities of the international organization that formed a team to follow up this file.
Petrofac won the oil services contract for offshore oil operations in Iraq worth $ 100 million.
While carried the Iraqi Ministry of Electricity and the responsibility of the Ministry of Oil production fell about a thousand megawatts of its failure to provide fuel for power generation units, especially during the past two days.
The law, which calls for the adoption of the United Nations aimed at regulating the oil sector in Iraq and to establish rules for sharing revenue between the central government and the provinces is still in the inclusion of Parliament for years.
The Special Representative Martin Kobler "The team internally from the United Nations mission to Iraq to help work on this file."
"We want to start a discussion about revenue sharing and then move to the oil and gas law, this law is an important starting point to address major problems such as the relationship between Arabs and Kurds and the issue of federalism, I can say that the key, this will allow the availability of base" to address these problems.
He Kubler "In addition, this country needs to be security for the investments, that the solution to the issue of disputed internal boundaries where the some of the largest untapped oil fields, would be much easier if everyone learned how to share the revenue."
On the other hand said Petrofac oil services listed in London yesterday it had won a contract to offshore oil operations in Iraq worth $ 100 million.
She explained that the contract was for the expansion project of Iraqi crude oil production. / Finished / UAE Federation.
Link
Petrofac won the oil services contract for offshore oil operations in Iraq worth $ 100 million.
While carried the Iraqi Ministry of Electricity and the responsibility of the Ministry of Oil production fell about a thousand megawatts of its failure to provide fuel for power generation units, especially during the past two days.
The law, which calls for the adoption of the United Nations aimed at regulating the oil sector in Iraq and to establish rules for sharing revenue between the central government and the provinces is still in the inclusion of Parliament for years.
The Special Representative Martin Kobler "The team internally from the United Nations mission to Iraq to help work on this file."
"We want to start a discussion about revenue sharing and then move to the oil and gas law, this law is an important starting point to address major problems such as the relationship between Arabs and Kurds and the issue of federalism, I can say that the key, this will allow the availability of base" to address these problems.
He Kubler "In addition, this country needs to be security for the investments, that the solution to the issue of disputed internal boundaries where the some of the largest untapped oil fields, would be much easier if everyone learned how to share the revenue."
On the other hand said Petrofac oil services listed in London yesterday it had won a contract to offshore oil operations in Iraq worth $ 100 million.
She explained that the contract was for the expansion project of Iraqi crude oil production. / Finished / UAE Federation.
Link