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Legislative power: transmission oil and gas law on «»

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Legislative power: transmission oil and gas law on «»

New morning
May 6th, 2016
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The Ministry provided a large reserve of derivatives

Baghdad: new morning:

The Parliamentary Committee on oil and energy confirmed that the oil and gas law is being prepared within the Ministry of oil, noting that the law needs to agree with the Kurdistan Alliance to vote.

He said the Parliamentary Committee on oil and energy decision Adel Khamis, told reporters that the oil and gas law currently being prepared within the Ministry of oil.

«The end of Ministry will be sent to the Parliamentary Committee of petroleum and energy to study and then put on the agenda of Parliament.

Thursday went on to say, "the law is competent or low oil prices, noting that" would require compatibility with the Kurdistan Alliance».

He continued, «compatibility forms on the law to be considered for a vote.

On another, oil Ministry confirmed that there would be no fuel crisis during the current year, with indicated that they will provide 10 litres of kerosene oil each to generators.

Director General of petroleum distribution company Manager on Abdul Karim Moussaoui told, that «significant reserve provided Ministry of petroleum, and therefore, there is no crisis of petroleum products during the current year.

Musawi said «there are sufficient quantities of kerosene oil used by Government, as fuel, in addition to the existence of sufficient quantities of this material for industrial and agricultural projects», stating, in an interview for alsumaria news «», «save this article will empower the Ministry of electricity from power shortages.

Moussawi pointed out that «the Ministry of Government, would be given 10 litres for each order in one of gas oil, adding to the possibility of buying this material commercially in case of inadequate this article for civil generators».

Last week, the oil Ministry said that debts owed by the electricity Ministry equipped with 6 trillion dinars, fuel in Baghdad indicated that MEW is still wandering where corruption and great imbalance.

Musawi said that "the Ministry of oil processed large quantities of fuel since 2010 without any royalties (in a way) whether a fuel gas oil or diesel or black oil or dry gas technophiles on MEW sums amounting to 6 trillion dinars for the Ministry of petroleum.

Musawi said that «the Ministry lost nearly 45 percent of Iraq's need of petroleum after Saudi Arabia on Bayji, which prompted the Ministry to import these derivatives from abroad and high prices despite low oil prices globally.

He noted that «the Ministry of Government, would be given 10 litres for each order at one of the gas oil».

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