* OPEC: Oil bill (HCL) the government is contrary to the Constitution and the Federal Court rejected

January 25th, 2012 02:04 pm · Posted in NEWS: Dinar Currency & World Currency News 

Disclosed to the Commission on oil and energy parliamentary Wednesday that OPEC and described the draft law of oil and gas provided by the federal government abuse of the Iraqi Constitution, and the Federal Court rejected if passed in the House, noting that the dispute is still ongoing between the Government of the Kurdistan Region and the federal government the bill.

The Iraqi government had announced last July, on the ratification of the draft law of oil and gas, and decided to submit them to Parliament for approval, while the Kurdistan Regional Government rejected that project.

A member of the Commission on oil and energy parliamentary Qassim Mohammed Mchkta in an interview with “Twilight News” that “experts OPEC discussed the draft presented by the Commission on oil and energy, and government project, has confirmed to violate the second of two articles 111 and 112 of the Iraqi constitution, which require the involvement of the provinces and regions in field management, and policy-making oil, “noting that” the experts said also that if the House of Representatives passed a government project of the Federal Court should be rejected as contrary to the Constitution. “

He Mchkta that “there is a big difference between the draft law to the Commission on oil and energy parliamentary and government bill, it has focused the last on the management of the fields, however, the federal authority without the involvement of the regions and governorates, and this is contrary to the Constitution,” asserting that “the movement between the blocks was ongoing but that the crisis have prevented the current political agreement on the passed in the House of Representatives. “

He Mchkta a deputy from the coalition of Kurdish blocs that “the oil sector accounts for 95% of the revenues of the public treasury of the state, and it is reasonable that this sector is organized by law, and continue the disputes and accusations between the blocks on the legislation,” explaining that “the enactment of the oil and gas will contribute to reducing the financial and administrative corruption is rampant in state institutions and departments. “

House of Representatives was not able to pass Bdorth previous oil and gas law, passed by the Council of Ministers in 2007.

The dispute centered between Arbil and Baghdad on 41 oil contracts signed by the provincial government since 2007 and now Baghdad and described the absence of transparency in the signature, in Erbil recently rejected a draft law of oil and gas approved by the Iraqi government and sent to the House of Representatives for approval.

And declared the presidency of Kurdistan Regional Government, the beginning of this month, for the consensus principle, happened between Arbil and Baghdad on a new formula to approve oil and gas law, indicating that the oil and gas committee is working to translate the consensus of the combination of the draft law and its proposal.

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