Ali Fayad: licensing rounds for the U.S. withdrawal is not a

[Stillw8n]

Ali Fayad: licensing rounds for the U.S. withdrawal is not affected and blackmail foreign

Baghdad (news) .. Noted member of the Committee on Energy and Oil parliamentary MP / National Alliance / Ali Fayad, that the oil licensing rounds is not affected to withdraw the U.S. but are subject to regulations and the laws of the Iraqi Oil Ministry.

The hospitality in a statement (of the Agency news news) on Monday: The licensing rounds for oil is not affected to withdraw the U.S., but the laws and regulations of the Ministry of Oil that do not affect the Extortions external and internal, but there are facilities and procedures are going out in accordance with Matdah ministry.

The Fayad: that all tours were fundamentalist and formality in dealing with foreign companies and transparent world.

He explained: The Committee on Energy and Oil parliamentary organized a lot of conferences, including the Jordan, which brought together many of the companies for the development of this sector, which reflects a positive image of Iraqi oil.

It is noteworthy that some experts have pointed to the importance of review of the terms of licensing rounds and coordinated with the draft law of oil and gas for 2007, including the problem of tax liabilities for capital gains resulting from the transfer of licenses, which not mentioned in the tax law adopted in Iraq and the oil contracts were awarded in licensing rounds is supposed not to the intersection with the law of new oil and gas and to prevent overlapping items included in service contracts in
production must be made ​​in line with the new law.

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