The first Kurdish response to the draft oil and gas bill
The first Kurdish response to the draft oil and gas bill
02/26/2021 08:57:03
{Baghdad: Al-Furat News} The Kurdish bloc commented on the Oil Ministry’s announcement to send the final draft of the oil and gas bill to the Council of Ministers.
A member of the Kurdish Change Bloc, Amin Bakr, said in a press statement: “Despite the talk on the part of the political blocs and parties about the new oil and gas law, and that it may be the solution to all problems related to the issue of oil management between the region and the federal government, I think that such a law will be in dispute. Large, because under this law, the powers of each party in managing the oil file must be regulated. ”
He added, “There is a deep disagreement between Baghdad and Erbil over the perception of how to manage the oil and gas file, so this law will complicate problems, and it was assumed that from the beginning we would reach an agreement on organizing the powers, then on the basis of this initial agreement the oil management law would be legislated, and as long as there are differences. On the basis of the agreement, we will not reach a law that can be accepted. ”
The Minister of Oil, Ihssan Abdul-Jabbar, said that the meeting of the opinion committee in the ministry, which was held the day before yesterday, Wednesday, included discussion and review of the final version of the Federal Oil and Gas Law and referring it to the Council of Ministers for approval after completing its review by the concerned authorities in the ministry, and from then the cabinet will review this version, and forwarded in turn to the House of Representatives for the enactment of this law. ”
He noted , ” the ministry ‘s keenness to pass the law contributes to the development of the industry of oil and gas, investment optimization of national wealth in Iraq in order to support the national economy. ”
It is The Oil Ministry’s sudden announcement of the draft oil and gas law coincides with marathon negotiations between Baghdad and the Kurdistan region regarding the latter’s share in the 2021 budget and the mechanism for managing its oil file.
The two parties have not yet agreed on the Kurdistan region’s share in the budget, which has hindered its approval so far.
alliraqnews.com
