Member of Parliamentary Energy: {semi-formal} agreement on the oil and gas law

• Time : 2023/02/08 14:47:58
• Read: 338 times

  

{Economic: Euphrates News} A member of the Parliamentary Oil and Energy Committee revealed a {semi-formal} agreement on the controversial oil and gas bill.

Zainab Juma Al-Moussawi told {Euphrates News}: “We in the Oil, Gas and Natural Resources Committee are constantly working in discussing the oil and gas law and making the amendment to request, especially that there is a political will to approve it in the current fifth parliamentary session and not to deport it to the next session.”
“Many of the problems facing the oil and gas sector in Iraq will be solved with its approval,” she added.
Moussawi pointed out that “it was almost formal agreement that the outstanding issues will be addressed, as stipulated in the Iraqi Constitution.”
She explained, “The Oil and Gas Law stipulates that the responsibility for the management of oil fields in the country must be entrusted to a national oil company, and supervised by a federal council specialized in this subject, but since 2003, Baghdad and Erbil have disagreed on the issue of managing the region’s oil fields.”
Prime Minister Mohammed Shiaa al-Sudani revealed on Tuesday evening that a draft oil and gas law is being reviewed between Baghdad and Erbil for maturation and then approved.
Al-Sudani said during the weekly press conference that “the oil and gas law is one of the obligations of the government, and there is a draft law circulating between the Federal Ministry of Oil and the Ministry of Natural Resources in the Kurdistan Region.”
He pointed out that “after the adoption of the budget law, the draft oil and gas law will be discussed.”

Raghad Daham

https://alforatnews.iq/news/عضو-في-الطاقة-النيابية-اتفاق-شبه-رسمي-على-قانون-النفط-والغاز

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