Tuesday, February 14, 2012

Azad Zainal calls to speed up the approval of oil and gas law (HCL)



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The independent Iraqi news agency / Baghdad / p. X .. said a member of the Kurdistan Alliance bloc MP Azad Zainal. The enactment of the oil and gas is important for the whole of Iraq in light of the adoption of the national economy is almost entirely on oil revenues of Iraq. And the absence of a law regulating this matter will negatively impact on the entry of foreign companies for exploration and production increase, which we hope to reach high levels.

He called for expediting the approval of the law to contribute to and directly in the contracting process Tndeim with international companies for exploration and extraction. In does not contradict with the law and does not cause any problems between the center and the region.

He said Zainal The reporter (and independent Iraqi news agency) The resolution of this issue is based on the draft law of 2007 which was organized by topic. We hope the agreement and the political blocs to speed up legislation that is the law of oil and gas.


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