The Oil and Gas committee was formed by the Ministry of Oil and is trying to follow the constitution and realizes the Shell Oil Company doesn’t cut it.
More problems, we really need a Speaker quick.
“We are going to do everything we can to revoke this deal and to push Shell out,” Jabir told Reuters. “Both these deals are illegal because they didn’t go through parliament. The companies and their lawyers knew the old Iraqi oil law very well,” he added, saying that any new deals Baghdad signs in bidding rounds under way with BP and others would also be subject to revocation.
The oil ministry has said it does not need parliament’s approval to sign new deals, but Jabir argues Iraqi law 97 clearly states all arrangements of this nature must be passed by parliament. The committee had studied the preliminary Shell deal for the past six months and all members have concluded that it is illegal, he said.