TEHRAN - The Majlis has approved a proposal which calls for the removal of the president from the general assembly of representatives of shareholders of major companies affiliated with the Oil Ministry, including the National Iranian Oil Company.   

 

Of the 195 MPs present for the Majlis session on Wednesday, 131 lawmakers voted in favor of the proposal, one voted against it, and 7 abstained.

 

According to the new law, the oil minister will replace the president as the chairman of the general assembly, who is accountable for the performance of the National Iranian Oil Company. 

 

Supporters of the new ratification say it will help facilitate access to the chairman of the general assembly.