|MP calls for oil minister to resign over administration failure|
|Baghdad - Voices of Iraq|
Tuesday , 29 /07 /2008 Time 10:14:16
BAGHDAD, July 29 (VOI) - A lawmaker on Tuesday called for the oil minister to resign for failure to administer the most-awaited sector in the global petroleum market. Divisions between Iraqi denominations and political blocs have postponed passing an oil and gas law in a country looking for revenues to rebuild its infrastructures after years of sanctions and violence.
"The Oil Ministry's administration is a failure and must be replaced, including the oil minister," MP Jabbir al-Khalifa, rapporteur for the parliament's oil and gas committee, told Aswat al-Iraq -Voices of Iraq - (VOI).
Al-Khalifa is a lawmaker from al-Fadhila (Virtue) bloc which broke away from the United Iraqi Coalition (UIC), the main Shiite bloc in the Parliament, due to disagreements over the Oil Ministry and the political platform.
The MP conceded "no vote of confidence is possible for the oil minister due to the control exercised by the executive body over other authorities," adding "the executive body adamantly disapproved questioning ministers, including the trade minister."
Oil Mnister Hussein al-Shahristani is a nuclear scientist and a key member of the United Iraqi Coalition.
Earlier, MP Sabah al-Saadi, tabled a request signed by 105-lawmakers to question Trade Minister Abdel al-Falah al-Soudani over corruption charges.
Al-Khalifa criticized the oil ministry scheme to sign technical support contract(TSC) agreement with international companies to develop its oil discovered oilfields.
"Offering oilfields to foreign companies contradicts the oil and gas law under discussion in Parliament and political circles," he added.
In February 2007, Iraq's cabinet approved a draft oil law which aims to equitably share revenues from its oil revenues among the country's ethnic groups.
The bill - allocating oil revenues between Iraq's 18 provinces based on their population levels - must be submitted to Parliament for a vote.
The sharing of oil money is a major bone of contention between Iraq's Shiite, Kurds and Sunni Arabs.
The MP pointed out Iraq's oil sectors "is need of projects to upgrade its infrastructures, expand its pipelines and system of gauges to control its flow," highlighting "Iraq lacks even extra oil stockpiles to store up its drilled oil."
The draft law also lays out method for international companies to invest in Iraq's oil industry. Iraqi Oil Ministry launched an auction for TSC agreement with foreign companies to develop oil fields and to increase production at a time global market suffered from soaring prices and production shortages.
Foreign investors have stayed away from Iraq during the past four years of violence and uncertainty.
Iraq has an estimated 115bn barrels of accessible oil reserves, putting it behind only Saudi Arabia and Iran.
Production has fallen since the US-led invasion, from 3.5m barrels per day(bpd) to approximately two million.
kikojones75 wrote:Sera esta la unica manera de pasar el "Hydro Carbon Law"???? Muchos creen que si!
Lei esa noticia esta maņana,me parece que debe ser bueno que se quite.
Otro link que pueden visitar es www.iraqupdates.com ahi tienen noticias de Irak todos los dias.
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Join date : 2008-07-30
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