Technical committees studying the oil and gas law and Kurdish approval of its legislation

Technical committees studying the oil and gas law and Kurdish approval of its legislation

1-3-2023

Technical committees studying the oil and gas law and Kurdish approval of its legislationInformation / Baghdad..
The representative of the Kurdistan Democratic Party, Majid Shankali, confirmed, on Tuesday, that the Kurds agree on the need to legislate the oil and gas law as soon as possible, indicating that technical committees are studying this issue.

Shankali said, in an interview seen by Al-Maalooma, that “the oil and gas law is one of the most important provisions of the political agreement to form a coalition to run the state, and to agree on its legislation within a period not exceeding six months.”

He added, “Today there are technical committees studying this issue, and there are many laws that are being studied, and Iraqi and non-Iraqi economists may be consulted to reach an optimal formula, in the interest of all the Iraqi people in all its sects and components in Baghdad and the Kurdistan Region and in accordance with the constitutional framework of Iraq.” He pointed out that “the Kurds agree on the need to legislate the oil and gas law as soon as possible.”

He pointed out that “Baghdad also wants to legislate the law quickly, but it contains many details that must be agreed upon, and yet, according to the political agreement of the State Administration Coalition, there must be legislation for the law, but the details need technical and specialized delegations to put the touches of this important law, and it must It should be developed according to mechanisms that serve the Iraqi people and a formula agreed upon by the Kurdistan Region and Baghdad.

Shankali explained, “Things are valid in this direction, but Iraqi politics often reached political agreements, but when we reach technical matters, obstacles appear to us, as if we did not agree.”

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