Oil Expert: establish a national oil company is essential to the development of the oil sector

Posted: September 20, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Date: 09/19/2012 13:40:20 Wednesday

Baghdad (news) .. Oil expert called Hamza jeweler to the need to establish a national oil company to provide technical and logistics services for the oil sector in order to develop, stressing that their presence does not affect the other oil companies and will also help strengthen their work.

The jeweler (of the Agency news): A draft law in the House of Representatives wrote and discussed by specialists in the oil industry experts and House of Representatives of the oil and energy to establish oil company National is a holding company makes all oil companies operating affiliates.

He added: company must include companies from the private sector and mixed (ie, domestic and foreign companies) and the use of foreign cadres to gain technical expertise and to provide oil services and specialized in general in order to develop the oil industry in the country.

He explained: that the national company needs to take place through legal enactment of the oil and gas law, which is more important to the success of its work, calling on the House of Representatives to approve oil and gas legal and national oil company to support the oil sector.

He pointed out: that the establishment of the National Company will not affect the other oil companies Kosherkta (oil south and north), but will enhance their role in the field of oil through the provision of services for the development of the oil industry in Iraq

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