Minister of Oil and Minister of Electricity and Water Dr Khalid Al-Fadhel affirmed that the draft law for establishing Electricity and Water Corporation,
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which is aimed at privatization of the electricity sector, will not be ready in the current Cabinet, and therefore will not be presented to the current Parliament as well, reports Al-Anba daily.
In a press statement, Dr Al-Fadhel said the issue needs a comprehensive and thorough study in all aspects, including rights of the states and citizens, and the mechanism for implementing the sector’s privatization program, as well as study the extent of the desired benefits from it.