Barzani: We reached an agreement with Baghdad to “freeze” judicial procedures until the oil and gas law is approved
Barzani: We reached an agreement with Baghdad to “freeze” judicial procedures until the oil and gas law is approved
18-01-2023 01:51 PM
The Prime Minister of the Kurdistan Region, Masrour Barzani, said that the long-standing dispute over the sharing of oil revenues between the Iraqi government and the Kurdistan Regional Government may be resolved within months, by agreeing on an oil and gas law.
The dispute between Erbil and Baghdad emerged in February of last year after the Iraqi Federal Supreme Court issued a ruling stating that the legal foundations of the oil and gas law in the Kurdistan region are unconstitutional.
In this context, Masrour Barzani said that the federal government pledged to freeze for the time being the judicial measures it had taken to “control the oil and gas revenues in the Kurdistan region.”
In the interview conducted by Reuters with him on the sidelines of the World Economic Forum in Davos, Masrour Barzani said, “What we agreed on is that all these pressures on the Kurdistan Regional Government will stop and have stopped at the present time, and we will wait until we have an oil and gas law.”
Until this agreement is reached, the two sides will cooperate in managing oil fields, oil sales and revenue sharing, which the Prime Minister of the Kurdistan Region said will be formally included in the general budget at the end.
On the date of agreement on the oil and gas law, Masrour Barzani stated that it will be within months, and added, “We had a six-month time frame. I don’t know how realistic this is, but I hope we can do it as soon as possible.”
dijlah.tv
