What is holding up the passage of the oil and gas law so far?
What is holding up the passage of the oil and gas law so far?
12-31-2024
Information / Special..
Member of the Parliamentary Oil and Gas Committee, Alaa Al-Haidari, confirmed today, Tuesday, that there is difficulty in approving the oil and gas law due to the absence of a political agreement and the Kurdistan Regional Government’s failure to abide by the agreements concluded with the center.
Al-Haidari said in a statement to Al-Maalouma Agency, “Many meetings were held in the presence of Oil Ministry officials and government advisors, with the aim of reaching a consensus formula for the law, but those efforts have not borne fruit so far.”
He pointed out that “the oil and gas law is one of the laws that have been stalled in the House of Representatives, as it has been stuck in the drawers for more than five parliamentary sessions, despite being included in the government program,” explaining that “voting on the law will contribute to ending the differences between the region and the center, and provide fair direction for national wealth within the framework of the constitution.”
He explained that “the approval of the law will ensure the regulation of oil exports and oil and non-oil revenues in a fair manner, which will spare the country further problems and obstacles between the region and the federal government.”
Kurdish parties continue to obstruct the approval of the oil and gas law, which is necessary to reduce violations and thefts in the Kurdistan Regional Government, especially in the oil smuggling file.
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