Parliamentary Committee Calls on Government to Refer Oil and Gas Law to Parliament Immediately
Parliamentary Committee Calls on Government to Refer Oil and Gas Law to Parliament Immediately
3-6-2025
Al-Maalouma / Special..
The Deputy Chairman of the Parliamentary Oil and Gas Committee, Adnan Al-Jaberi, called on the government today, Thursday, to expedite the referral of the Oil and Gas Law to the Council of Representatives, stressing that its legislation is an essential step to regulate the management of oil wealth and ensure the fair distribution of revenues between the federal government and the producing regions and governorates.
Al-Jaberi said in a statement to / Al-Maalouma / agency, that “the legislation of the Oil and Gas Law is a necessary step to regulate the management of oil and gas wealth in Iraq,” noting that “this law will contribute to guaranteeing the rights of the producing regions and governorates, in addition to developing a clear strategy for investing these resources in the long term.”
He explained, “The law will protect oil wealth from different interpretations and interpretations, whether in the Kurdistan Region or in the producing governorates, and will work to resolve the existing differences between the federal government and the regional government, and control the relationship between the producing governorates and the center.”
He pointed out that “Article 112 of the Iraqi Constitution stipulates the necessity of regulating the oil and gas sector through the enactment of a special law, but the lack of a common vision and agreement between the federal government and the Kurdistan Region, as well as between the producing provinces and Baghdad, has prevented its approval so far.
” He stressed “the importance of reaching a consensus that guarantees the rights of all parties,” calling on the government to “refer the law to the Council of Representatives as soon as possible to ensure the fair and equitable regulation of oil revenues.”
It is noteworthy that the approval of the oil and gas law was delayed for several parliamentary sessions due to political differences that prevented reaching a consensus on it.
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