Parliamentary Oil: Political consensus is absent from the Oil and Gas Law, 4 MAY

Parliamentary Oil: Political consensus is absent from the Oil and Gas Law

MP Kazem Al-Touki, who is a member of the Parliamentary Oil and Natural Resources Committee, confirmed that there is no political agreement on the oil and gas law.

“The obstacles that hinder the passage of the law are political and not technical,” Al-Touki stated, “calling for their resolution through Baghdad, Erbil, and the oil-producing governorates to ensure the passage of the law.”

“The law will not see the light of day due to political differences and obstacles that prevent it from being finalized and handed over to the House of Representatives for reading and passing,” he continued.

That’s what he expressed “the remarkable oil issues among Baghdad and Erbil and the requests of the oil-creating governorates are factors that kept the public authority from finishing the draft regulation.”

He emphasized that “political consensus to resolve the law” is required.