Iraqi parliament passed the draft law of the National Oil Company

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Iraqi oil minister announced that the Iraqi parliament approved the proposal of the law of the National Oil Company.
Oil Minister Jabbar Ali al-Luaibi described the voting process as a historic decision aimed at optimizing the investment of national wealth management and protection and developing it in accordance with the advanced programs and mechanisms entrusted by the effort and the national administration.
Praising the efforts of the President and members of the Council of Ministers and the President and members of the House of Representatives and the Committee of oil and energy parliamentary and all the committees, both working in the Ministry of Oil or other concerned bodies, which contributed to the preparation and amendment to finalize the final version of the text of the law.
Stressing that the ministry will take appropriate measures and steps
To implement the law and achieve the desired goals.

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