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 Kurdistan Parliament holds its sixth session, attended by KRG Minister of Natural Resources Ashti Hawrami

 Source : Perleman
  Kurd Net does not take credit for and is not responsible for the content of news information on this page

 


Kurdistan Parliament holds its sixth session, attended by KRG Minister of Natural Resources Ashti Hawrami  20.10.2009  




Hawrami is accused of buying stocks worth $35 million in DNO International ASA.

October 20, 2009


ERBIL-Hewlêr, Kurdistan region 'Iraq', — In the presence of Kurdistan Parliament Vice President and the Parliament’s Secretary, President of Kurdistan Parliament Dr. Kamal Kirkuki on October 10th 2009 headed a session of the Parliament, where the Kurdistan Regional Government KRG Minister of Natural Resources Dr. Ashti Hawrami attended.

The agenda of the session was to ask the Minister of Natural resources to clarify the KRG’s position about the issue that was raised between the (DNO) Oil Company and the Norwegian Oslo Stock Exchange.

“Nothing to do with the KRG on this subject, but this subject is confined between the (DNO) oil company and the Norwegian Oslo Stock Exchange” Stated Minister of Natural Resources.

The Natural Resources Minister in his speech said the cause of the problem was due to the lack of commitment by the (DNO) oil company to the instructions of Norwegian Oslo Stock Exchange as a member of the exchange.

with regard to the subject published by Norwegian newspaper, and mentioning his named, the KRG Minister of Natural Resources stated that when the stock market fined DNO on the charges that the company did not give information about the treatment of stock were to rely on my e-mail as one of the documents,
www.ekurd.netwhich I sent a message to the mentioned company regarding this deal, which proved that the company was aware of transactions, so the question is limited between the company and the stock market and not the KRG.

The Minister of Natural Resources said that that the Oslo Stock Exchange does not have any problem with the KRG.                            

Ashti Hawrami in Kurdistan Parliament


Dr Ashti Hawrami, Kurdistan Regional Government minister of natural resources, is accused of buying stocks worth $35 million in DNO International ASA.
Dr. Hawrami touched on the strategic policy adopted by the KRG on the oil and gas, and pointed out that the results of this policy will be used in resolving the problem of electricity shortage through the use of gas and address the problem of scarcity of fuel and said that there are four refineries in progress, where during the next two years, they can produce hundred and seventy thousand barrels, and what has been done currently producing forty thousand barrels.

The KRG Minister of Natural Resources urged MPs to defend the oil contracts and the KRG Oil and Gas Law, and pointed to the importance of oil extraction in the region, saying that what the region currently produces is hundred thousand barrels a day, adding that this percentage is expected to be increased to reach to one million barrels per day within next three or four years.

Copyright, respective author or news agency, perleman org  

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