A bill on power sharing between the federal and Chechen authorities is nearly ready, Chechen President Alu Alkhanov said. \"The main provisions of the agreement have been negotiated with the presidential envoy in the Southern Federal District, Dmitry Kozak. But the signing of the agreement is being delayed for objective reasons. It is the first agreement of this format in Russia,\" Alkhanov told the press in Grozny. \"The power-sharing agreement, like the Chechen constitution, is the creation of [slain Chechen President] Akhmad Kadyrov,\" he said. Alkhanov pointed out that, \"the initial draft has been updated and brought into line with the federal legislation.\" \"The Federal Law on the Subsoil Mineral Resources does not give Chechnya the right to use its oil as it sees fit,\" the Chechen president said. (Interfax)