Parliamentary movement to make amendments to the oil and gas law

Parliamentary movement to make amendments to the oil and gas law

04/18/2021 07:47:21

Parliamentary movement to make amendments to the oil and gas lawThe Parliamentary Oil and Energy Committee has opened the cabinet and the Ministry of Oil for the purpose of expediting amendments to the oil and gas law and sending it to Parliament.

Committee member Sadiq Al-Sulaiti said, in a press interview, that the oil and gas law is one of the most important stalled laws, and the Parliamentary Oil Committee has addressed the Cabinet and the Ministry of Oil for the purpose of expediting the necessary amendments to this law and returning it to the House of Representatives for the purpose of advancing its legislation, indicating that “the law exists in The inclusion of the government that is working on its completion, maturation, and the treatment of some of its objectionable paragraphs, and returning it to Parliament for the purpose of initiating its approval.

He added, “This law is the radical solution to the problems between the center and the region, as in every budget it will create a crisis in the mechanism for settling oil receivables, the mechanism for exporting oil and the mechanism for delivering those receivables and other paragraphs that will be subject to political difference, and may be subject to political auctions as well.”

And that “the issue does not go beyond being technical and mathematical, related to revenues and duties, and it is supposed to be regulated by law,” expressing his hope during the coming period and the remainder of the parliament’s life, that “the government will accelerate the completion of this law and return it to Parliament.”

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