Friday, December 1, 2023

Deputy: Most of the problems of the region and the center are due to the lack of an oil and gas law, 1 DEC

 Deputy: Most of the problems of the region and the center are due to the lack of an oil and gas law

According to Sharif Suleiman, representative of the Kurdistan Democratic Party, the ongoing issues between Baghdad and Erbil are mainly due to the lack of an oil and gas law. Suleiman stated there is a push to pass this legislation and resolve the problems.

Suleiman stated, “What makes me optimistic is that all political parties acknowledge the significance of the oil and gas law. Moving forward with its legislation within the Parliament has become necessary.”

He emphasized that given Iraq’s dire need to legalize oil, gas, and natural resources, the approval of the aforementioned law should be expedited at the current stage. This will ensure that all governorates receive their fair share and obtain their rights.

Most of the disputes and problems between the central government and the regions arise from the absence of a comprehensive oil and gas law. Efforts are being made to pass this law in a manner that benefits all parties involved and ensures the rights of the oil-producing provinces. If the oil and gas law is approved, it may be necessary to amend the budget law to ensure compatibility with its provisions.


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