Thursday, November 23, 2023

A parliamentary committee answers: Is Kurdistan forced to pass the oil and gas law?, 23 nov

 A parliamentary committee answers: Is Kurdistan forced to pass the oil and gas law?, 23 nov

Today, Wednesday, the Oil, Gas and Natural Resources Committee explained the way to improve the Kurdistan Region’s relations with the federal government, and while it confirmed that the region has become “forced” to submit to the requirements of the next stage, it pointed to the importance of the Oil and Gas Law.

Committee member, Intisar Al-Jazairi, said in an interview with the Maalouma Agency, “The current government has come a long way in its understandings with the Kurdistan region regarding the oil file, and handing over the quotas imposed on it in the financial budget.”

She added, "The Kurdistan region has become forced to submit to the requirements of the next stage, especially regarding the oil and gas law, given that the law is not specific to the governorates for which the federal government is responsible only, but also includes oil that is under the control of Kurdistan."

The oil parliamentary member explained, “If the Kurdistan region wants to improve its relations with the federal government, by paying taxes, or by exporting oil, it must submit to the oil and gas law.”

Al-Jazairi confirmed, “The government and Parliament are waiting for the legislation of this law until it finishes the issue of how to export oil, or invest gas in the coming stages.”

Earlier, a member of the House of Representatives, Kazem Al-Touki, confirmed that all technical problems surrounding the oil and gas law have been resolved, with the exception of the political problems between Baghdad and Erbil regarding the law, which require intervention from the active parties to resolve the problems surrounding the law.

The oil and gas law is one of the issues that has sparked controversy between Erbil and Baghdad for many years, but it was agreed to approve this draft law between the two parties within the framework of a political agreement that led to the formation of the current government.   link

No comments:

Post a Comment

"RV UPDATE" BY BRUCE, 20 MAY

  Bruce      [WiserNow]   We know that...Iraq paid back the IMF – a loan that they got in 2003...that's when the new 25 10,000 5000 1000...