A Concerned Parliamentarian Is Surprised That The “Oil And Gas” Law Has Not Been Approved Yet.. What Does He Need?

A Concerned Parliamentarian Is Surprised That The “Oil And Gas” Law Has Not Been Approved Yet.. What Does He Need?

09/28/2023

Iraqi oilToday, Thursday, a member of the Parliamentary Legal Committee, Representative Sajjad Salem, spoke about the Oil and Gas Law.

Salem said in a statement to “Earth News” agency, “The law so far is just a draft and has not reached the Iraqi Council of Representatives, as passing this law requires a political agreement between the existing political blocs, and until now there are disagreements on this issue, and there are also negotiating committees between the center and The region regarding the oil and gas law.”

He added, “This law is very important and long overdue, especially as we are an oil-producing state. It is unnatural for the oil and gas law not to be in effect yet, as this law must be based on the constitution and in some of its articles it stipulates wealth sharing, wealth management, and management of joint oil fields, and it must be based as well.” To the decisions of the Federal Court because they have become binding and must be taken into consideration.”

earthiq.news