Deputy: The atmosphere is suitable for approving the oil and gas law
2023-08-27
Deputy - The atmosphere is suitable for approving the oil and gas lawMember of Parliament, Firas Al-Maslamawi, announced today, Sunday, the formation of a joint committee with the region regarding the approval of the oil and gas law, while he expected the date for the approval of the law.
Al-Maslamawi said, to the official agency, that “a committee was formed by the Minister of Oil, the Minister of Natural Resources in the region, the general manager of SOMO and the advanced cadre in the Ministry of Oil, as well as the oil-producing governorates such as Basra, Dhi Qar, Maysan and Kirkuk,” noting that “the task of the committee is to draft a draft oil law.” and gas, and presented it to the government and the House of Representatives.
He pointed out that “there is a real will of the House of Representatives in order to legislate the law,” noting that “the current year’s budget included the addition of two articles to the law, which is the regulation of the region’s oil export in terms of export and the deposit of imports in a bank accredited by the Central Bank.”
He explained, “Iraq’s oil is one and indivisible, and there is a movement towards achieving justice in the distribution of wealth for the people, whether in the Kurdistan region or the center and south.”
He added, “The atmosphere is suitable for approving the law, and it is hoped that the draft will be completed and reached parliament in the current legislative term,” expecting “the approval of the law in the next legislative term, after about 4 months.”
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