Parliamentary and political movement to approve the oil and gas law.. 3 features of the project, most notably ending the disputes between Baghdad and Erbil
Parliamentary and political movement to approve the oil and gas law.. 3 features of the project, most notably ending the disputes between Baghdad and Erbil
2023-03-15 13:57
Shafaq News/ The head of the Parliamentary Oil and Gas Committee, Haibat al-Halbousi, revealed, on Wednesday, a parliamentary and political movement to pass the oil and gas law, which has been suspended for 18 years.
Al-Halbousi told Shafaq News Agency, “There is a parliamentary and political movement to bring the views closer and unify the visions of the various Iraqi political forces in order to pass the oil and gas law that has been stalled in the Iraqi parliament since 2005.”
He explained that “the adoption of the law will join the method of extracting oil and natural minerals, as well as regulating oil revenues, and it could end the differences between the Baghdad government and the Kurdistan region that resulted in the distribution of oil extraction revenues.”
Al-Halbousi indicated, “The Parliamentary Oil Committee and the House of Representatives are working to approve the oil and gas law as soon as possible, specifically after approving the general budget law.”
On Tuesday (March 7), Prime Minister Muhammad Shia’a al-Sudani revealed that there is a draft oil and gas law being reviewed between Baghdad and Erbil in order to ripen it and then approve it.
Al-Sudani said, “The oil and gas law is one of the government’s obligations, and there is a draft law being circulated between the Federal Ministry of Oil and the Ministry of Natural Resources in the Kurdistan Region.”
He pointed out that “after approving the budget law, the draft oil and gas law will be discussed.”
And the official spokesman for the Kurdistan Regional Government, Jutiar Adel, announced on Sunday (3/12/2023) that a delegation from the regional government will visit Baghdad to discuss the draft federal oil and gas law.
Adel said, “This law will solve many problems in general, problems in the oil sector in Iraq, in addition to the relations between Erbil and Baghdad, and for the Kurdistan Region to be a key partner in decisions related to the oil industry effectively.”
The Kurdistan Regional Government confirmed earlier that the discussions in Erbil and Baghdad regarding the draft oil and gas law are witnessing good progress.
shafaq.com
