By John Lee.
A member of the Energy Committee in Maysan Provincial Council has called on the Ministry of Oil to grant the province the right to take part in running the oil sector in the province, according to a report from AIN.
Ammar Nasrallah told the news agency:
“We call to apply the constitutional article No 112 which grants the oil producing provinces the right to participate in administrating the oil sector and form strategic policies … [The] Ministry of Oil violated this article through concluding contracts with oil companies without informing the provinces.
“We have reservations concerning thse contracts being unconstitutional, among them a 20-year contract concluded with PetroChina.“
Half of Missan’s production is from the Halfaya oilfield, in which PetroChina, a subsidiary of China National Petroleum Corp (CNPC), China’s largest energy producer, holds a 37.5 percent stake; Total and Petronas each hold a 18.75 percent stake, with Iraq’s state partner holding the remaining 25 percent.