Iraqi Dinar Discussion Board

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Vice-Shahrastani demanding his resignation for the failure of the Department of the oil sector in Iraq

BAGHDAD - Iraq votes 29 / 07 / 2008 at 18:58:53




The decision of the Commission on oil and gas in the Iraqi Parliament, Tuesday, Oil Minister Hussein Shahrastani to submit his resignation because of what he considered the inability of the current administration in the ministry to manage the oil sector in Iraq, criticizing the ministry's intention to sign contracts with some oil companies.

He said Jaber Al Khalifa, Rapporteur of the Commission, the Independent News Agency (Voices of Iraq) that "the administration in the Oil Ministry is not able to manage the oil sector in Iraq, and must be replaced, including the oil minister."

But Al Khalifa added, "The conditions are not currently available to withdraw confidence from the oil minister, because control of the executive power to other authorities, but felt that through the non-approval of the executive branch to the questioning of some ministers, including Minister of Trade."
The Chairman of the Integrity Commission morning helped feet, in mid-January last, a request to the presidency of the House of Representatives signed by (105) deputies, to interrogate Iraqi Trade Minister Abdel Sudanese farmer on charges of "financial corruption."

The MP criticized the Caliph "contracts concluded by the Ministry of Oil with some foreign companies to develop oil fields", calling for "eighty investment fields already discovered, by the National Oil Company and not by those foreign companies."

The decision of the Commission on oil and gas in the parliament to grant the fields for foreign companies "in contradiction with the law of oil and gas, which is being debated for some time."

His "after the oil sector to increase production, needs to be some other projects in the infrastructure of oil, increased absorption of the tanker pipeline, in addition to the memorial a good reservation system meters of waste oil wealth," pointing out that "we do not have oil storage tanks to accommodate oil Extracted "from the fields.

The delayed approval of the House bill oil and gas, which was approved by the Government of Nouri al-Maliki and be referred to the House of Representatives in July of last year, due to opposition suffered by several parliamentary blocs and political opinion that the project gives "unprecedented concessions" to foreign investors in the administration Installations and oil refineries, and allows investing for periods of up to (50) years, and he devotes controlled territories on wealth owned both the Iraqi people.

It was the Iraqi Oil Ministry announced weeks ago, its intention to negotiate with a number of foreign companies to sign contracts and assigning a technical service and partnership to develop some oil fields.

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