Commission on oil and energy to outweigh the drafting of a new oil and gas law

Twilight News / suggested to the Commission on oil and energy parliamentary Monday, drafting a new draft law of oil and gas, are excluded to reach an agreement between the federal government and its counterpart in the Kurdistan region on one of the drafts as a result of political differences.

Committee member said Awad al-Awadi said in an interview for ” Twilight News “that” the tripartite committee formed to oil parliamentary committee and the Committee of the Iraqi government and the Committee of the Ministry of Natural Resources in the province will discuss two draft oil law 2007 and 2011. “

He Awadi said “Tripartite Commission agree on one drafts and if necessary formulate a new draft to be submitted to the House of Representatives, noting that” the issue of the oil law is something special بلجنته but it felt post government and the province to resolve the dispute happening between them and out of the crisis. “

Awadi said that the “troika did not meet until the moment,” expressing his lack of optimism out with positive results if they met because of controversial positions prior between the province and the federal government on the bill. “

The decision of the Commission on oil and energy parliamentary Qasim Mchkta has revealed, last week, for “Twilight News” for the formation of a new committee for the selection of a draft bill of oil and gas, adding that the new committee comprising MPs representing political blocs, as well as oil minister in the federal government and the Minister of Natural Resources in the Kurdistan Regional Government.

The Iraqi cabinet approved a draft law of oil and gas in 2007 but faced an objection by the Kurdistan Region.

The Territory government says that the draft law focuses powers, however, the federal government in the management of oil wealth at the expense of the region and the provinces, as proposed by the Commission on oil and energy bills instead of the government but it also raised discrepant.

Since the adoption of the Constitution of Iraq, such as oil and gas law highlighted outstanding issues between Baghdad and Erbil, which is no less important for the leaders of the Kurds on Article 140 of the Constitution.

The dispute is between Arbil and Baghdad on 41 oil contracts signed by the Kurdistan Regional Government since 2007 until now and Baghdad describes as “illegal”.

The Kurdistan and Baghdad agreed earlier this month to settle a dispute over oil payments after the Kurdistan pledged to continue exports, Baghdad said it would pay dues for foreign companies operating in the region.