TNT
Tishwash:
A parliamentary committee confirms the imminent adoption of the oil and gas law: it has priority in legislation
Today, Thursday (July 27, 2023), the Parliamentary Oil and Gas Committee revealed that the legislation of the oil and gas law in the Iraqi parliament is imminent, while confirming that it has priority in legislation after the approval of the budget law.
Committee member Jay Taymur told “Baghdad Today” that “there is a political agreement on the legislation of the oil and gas law, and this law has priority in legislation after the approval of the budget law, and this matter is agreed upon within the State Administration Coalition.”
Timur pointed out that “the coming days will witness the completion of the dialogues between Baghdad and Erbil in order to resolve all the paragraphs and provisions of the Oil and Gas Law, to send it to Parliament for a vote on it.”
He continued, “This law is very important to regulate the financial and oil relationship between the center and the region.”
And last Sunday (July 23, 2023), the Parliamentary Oil and Natural Resources Committee confirmed that it was awaiting a meeting with the President of the Kurdistan Region, Nechirvan Barzani, to resolve the final version of the oil and gas law, noting at the same time the insistence of the head of the federal government, Muhammad Shia’ al-Sudani, to approve it as soon as possible.
The oil and gas law is one of the most important differences between the federal government and the Kurdistan region, and the parties did not reach a settlement on it throughout the past four parliamentary sessions. link
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Source: Dinar Recaps
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