Thursday, February 10, 2011

2-10-11 $$$ Deputy for Iraq: Oil and Gas Law Will be Adopted After Ratification of the Strategic Policies $$$

Highlights/Thoughts
Click on the title of this posting to get the details of this article

1. The deputy of the List said that the HCL (oil and gas law) will be approved in the Council of Representatives after the adoption of the Law Council of strategic policies
2. He said the law of the Council policies strategy is not yet approved
3. He mentioned the announcement of Allawi as the head of the Council will go before the meeting of the Council of Representatives first
4. He also said that the Allawi's Council will be part of the executive (assuming executive branch) and will replace the National Security Council (assuming this means he will head the National Security Counci)
5. The parliamentary oil and energy committee said the HCL requires a political consensus between the blocs before they are discussed within the Commission, and said the law may be voted on during the 10 days provided that there is political agreement
6. The List has no objections to the current version of the HCL and will work to pass it as soon as possible to raise the ceiling on Iraqi oil exports
7. He said economists in the House need to amend paragraph 18 and relate it to the establishment of the Federal service, and to the voting for the organization of the oil wealth in the country in order to limit the function of the Federal service to supervise the actions of the Ministry of Oil and its affiliates
8. The remainder of the article is historical reference

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