| 2008: MP urges Parliament to speed up enacting oil, gas law |
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June 23, 2008 The chairman of the parliamentary oil and gas committee on Monday called on the Parliament to speed up the enactment of the controversial oil and gas law. "We hope that the law will soon be passed…," Abd al-Hadi al-Hassani, who is also a member of the Islamic Daawa Party, told Aswat al-Iraq - Voices of Iraq - (VOI), adding that it will help the country increase its oil and gas investment revenues. According to the parliamentarian, "Iraq loses nearly $18 billion a year as a result of wasted natural gas, which is burnt without proper use." The prime minister of Iraq's Kurdistan region, Negervan Barazani, began on Saturday a visit to the Iraqi capital Baghdad to discuss several issues, including oil contracts, the oil and gas law, and the allocations for the Peshmerga forces, with officials from the central government. Source; Voices of Iraq |