A parliamentary committee reveals the latest developments in the oil and gas law: 4 dimensions in front of its legislation
- Time: 08/31/2023 00:54:23
- Read: 2,496 times
[You must be registered and logged in to see this image.]
{Economic: Al Furat News} The Parliamentary Oil, Gas and Natural Resources Committee revealed that the draft oil and gas law, which has been stalled for years, is still "in the process of writing its draft."
Committee member Sabah Sobhi said, in a press statement, "The draft oil and gas law is still in the process of writing its draft, which is the first stage in enacting any law. This law needs a comprehensive political consensus, as it is a sensitive law that needs deep study and discussion by the parties." political".
He added, "The law includes many dimensions, the most important of which is the economic dimension, which is the most important, because the enactment of this law leads to the restructuring of the Iraqi economy, and the second dimension is the legal one, because until now there is a legal vacuum with the existence of a constitutional article related to oil that requires the enactment of a law of its own."
He continued, "As for the third dimension, it is political, given that the issue of the oil commodity is very important from a political point of view, as it is the main revenue on which the economy and the Iraqi state depend, because 90% of the country's budget depends on oil imports, so we need to legislate this law, and another after It is the technical dimension because oil is full of techniques from exploration until we reach sale, so we are in the process of enacting an important, complex, sensitive and fateful law for Iraq.
Many explain the reason for the delay in enacting the oil and gas law to the political dimension that is governed by consensus between the parties to the political process, while relying on the law being approved in the current parliamentary session if it is completed by the government.
It is noteworthy that Prime Minister Muhammad Shia' al-Sudani held a meeting on the second of August to discuss the draft oil and gas law, and witnessed the review of the latest drafts of the draft law, its details and clauses. In the meeting, al-Sudani affirmed that "the draft oil and gas law is one of the basic and important laws, and the law is part of the commitment to the ministerial curriculum.
" to his government.
[You must be registered and logged in to see this link.]
{Economic: Al Furat News} The Parliamentary Oil, Gas and Natural Resources Committee revealed that the draft oil and gas law, which has been stalled for years, is still "in the process of writing its draft."
Committee member Sabah Sobhi said, in a press statement, "The draft oil and gas law is still in the process of writing its draft, which is the first stage in enacting any law. This law needs a comprehensive political consensus, as it is a sensitive law that needs deep study and discussion by the parties." political".
He added, "The law includes many dimensions, the most important of which is the economic dimension, which is the most important, because the enactment of this law leads to the restructuring of the Iraqi economy, and the second dimension is the legal one, because until now there is a legal vacuum with the existence of a constitutional article related to oil that requires the enactment of a law of its own."
He continued, "As for the third dimension, it is political, given that the issue of the oil commodity is very important from a political point of view, as it is the main revenue on which the economy and the Iraqi state depend, because 90% of the country's budget depends on oil imports, so we need to legislate this law, and another after It is the technical dimension because oil is full of techniques from exploration until we reach sale, so we are in the process of enacting an important, complex, sensitive and fateful law for Iraq.
Many explain the reason for the delay in enacting the oil and gas law to the political dimension that is governed by consensus between the parties to the political process, while relying on the law being approved in the current parliamentary session if it is completed by the government.
It is noteworthy that Prime Minister Muhammad Shia' al-Sudani held a meeting on the second of August to discuss the draft oil and gas law, and witnessed the review of the latest drafts of the draft law, its details and clauses. In the meeting, al-Sudani affirmed that "the draft oil and gas law is one of the basic and important laws, and the law is part of the commitment to the ministerial curriculum.
" to his government.
[You must be registered and logged in to see this link.]
Today at 5:51 am by Rocky
» Government advisor: Collections will shift almost completely to electronic payment in the middle of
Today at 5:49 am by Rocky
» Complete decisions of the Council of Ministers session
Today at 5:48 am by Rocky
» Al-Sudani chairs the first meeting to restructure the government apparatus
Today at 5:47 am by Rocky
» The National University holds its second international scientific conference with the participation
Today at 5:46 am by Rocky
» Parliamentary proposals to extend the legislative term of the House of Representatives to resolve th
Today at 5:45 am by Rocky
» Hanoun: We are working on preparing a six-year strategy to combat corruption based on technology
Today at 5:44 am by Rocky
» The Ministerial Council for the Economy decides to stop the import of 6 crops due to their abundance
Today at 5:42 am by Rocky
» Minister of Industry: He turned to Chinese companies to supply Iraq with spongy iron ores
Today at 5:42 am by Rocky
» A foreign report reveals the existence of an undeclared Iraqi-British agreement regarding asylum see
Today at 5:41 am by Rocky
» “Fares Issa” visits the Ministry of Finance and Economy in the Kurdistan Region
Today at 5:39 am by Rocky
» Nechirvan Barzani: We want to address all problems with Iran and begin a new phase of relations
Today at 5:38 am by Rocky
» The position of Speaker of Parliament.. Representatives confirm: “There is no amendment to the bylaw
Today at 5:36 am by Rocky
» Demands to put an end to foreign workers
Today at 5:34 am by Rocky
» Iranian official: We do not have frozen funds in Iraq
Today at 5:33 am by Rocky
» Entering 31 countries in the world without a visa.. A look at the Iraqi passport during 2024
Today at 5:32 am by Rocky
» An Iranian plan to export goods to Iraq worth $3 billion
Today at 5:31 am by Rocky
» The Board of Commissioners decides to suspend the technical and financial procedures for the Kurdist
Today at 5:29 am by Rocky
» Baghdad Governorate approves the two paths of the development road
Today at 5:28 am by Rocky
» Mawazine publishes the full decisions of the Council of Ministers at its session today
Today at 5:26 am by Rocky
» Asaib: The Sunnis are accustomed to having an external actor leading them
Today at 5:25 am by Rocky
» The Iranian ambassador in Baghdad: The Sudanese government enjoys the support of the Shiite and Sunn
Today at 5:24 am by Rocky
» Politician: Representatives of Taqadum “hurt” Al-Halbousi and their party
Today at 5:23 am by Rocky
» “Deficit” is the password.. Parliamentary Finance decodes the budget delay
Today at 5:22 am by Rocky
» Al-Sudani: The tourism sector will be a substitute resource for oil in the coming years
Today at 5:20 am by Rocky
» Finance confirms the Iraqi government's desire to benefit from the expertise of French companies
Today at 5:19 am by Rocky
» utube 5/4/24 MM&C Iraq Dinar- IQD Update - No Float of Exchange Rate - Budget -2024 - Schedules -
Yesterday at 6:10 pm by Rocky
» utube MM&C 5/7/24 Iraq Dinar- IQD Update - Regional Trade - A Progession of Reforms - A Global Bac
Yesterday at 6:09 pm by Rocky
» After a break of more than 9 years.. the resumption of a government trade meeting between Iraq and A
Yesterday at 9:06 am by Rocky
» A deputy in finance expects the Council of Ministers to approve the budget schedules in today’s sess
Yesterday at 9:02 am by Rocky
» A deputy resolves the controversy over the “transfer supplement” in two ministries
Yesterday at 9:01 am by Rocky
» Al-Halbousi’s “vacant” seat.. Will the coordination framework end the “Taqaddum” dream of an allianc
Yesterday at 8:59 am by Rocky
» The Federal Government issues a state order to stop the Commission’s work procedures regarding the K
Yesterday at 8:57 am by Rocky
» Including the freedom to choose the bank and withdraw the salary for “free”... “My Account” features
Yesterday at 8:55 am by Rocky
» The Central Bank sells more than $250 million during its daily auction
Yesterday at 8:51 am by Rocky
» Al-Sudani receives a delegation from the Union of Arab Banks
Yesterday at 8:44 am by Rocky
» Iraq and the United States of America hold trade meetings in Washington
Yesterday at 8:43 am by Rocky
» In pictures... The activities of the Union of Arab Banks conference in Baghdad, “Day Two”
Yesterday at 8:42 am by Rocky
» The Director General of Ports announces the completion of berths (3) and (4) in Al-Faw Grand Port
Yesterday at 8:40 am by Rocky
» The Council of Ministers holds its regular session headed by Al-Sudani
Yesterday at 8:38 am by Rocky
» Parliament publishes the agenda of its session for next Thursday
Yesterday at 8:37 am by Rocky
» A government measure to reduce "money laundering" using the buying and selling of real estate in Ira
Yesterday at 8:35 am by Rocky
» Iraq proposes establishing a specialized council to combat corruption in Arab countries
Yesterday at 8:32 am by Rocky
» Al-Mawarid intends to establish infrastructure and investment projects for the water sector in Iraq
Yesterday at 8:30 am by Rocky
» The Federal Court issues a decision regarding postponing the election of the Speaker of the House of
Yesterday at 8:28 am by Rocky
» A government meeting to discuss financing and implementation mechanisms for the Development Road Pro
Yesterday at 6:12 am by Rocky
» Al-Sudani: Iraqi banks are on the right track with financial transfers
Yesterday at 6:11 am by Rocky
» Al-Khazali: The Turkish side is still imposing its conditions on Iraq
Yesterday at 6:08 am by Rocky
» Rights: We refuse to amend the bylaws of Parliament under political influence and desires
Yesterday at 6:07 am by Rocky
» Nechirvan Barzani: We want to address all problems with Iran and begin a new phase of relations
Yesterday at 6:05 am by Rocky
» Today, Iraq and Iran signed the minutes of a joint meeting related to trade
Yesterday at 6:03 am by Rocky
» KPMG International begins auditing the revenues of telephone companies operating in Iraq
Yesterday at 6:02 am by Rocky
» Oil: The seventh batch of equipment for the gas manufacturing project in the Nasiriyah and Gharraf f
Yesterday at 6:01 am by Rocky
» Al-Sudani assures the French ambassador of Iraq’s openness to “fruitful” partnerships
Yesterday at 6:00 am by Rocky
» Government move to install gold screening devices at 4 airports
Yesterday at 5:59 am by Rocky
» Sudanese Advisor: The oil sector is witnessing a rapid renaissance
Yesterday at 5:58 am by Rocky
» Opening offices specialized in employing people with disabilities
Yesterday at 5:57 am by Rocky
» Infrastructure and investment projects for the water sector in Iraq
Yesterday at 5:56 am by Rocky
» Adopting the electronic system in the next census
Yesterday at 5:55 am by Rocky
» Al-Sudani chairs the first meeting to restructure the government apparatus
Yesterday at 5:54 am by Rocky
» Business Council: Efforts to open a branch of the Chinese Bank in Iraq
Yesterday at 5:53 am by Rocky
» Iraqi diplomacy is balanced openness
Yesterday at 5:52 am by Rocky
» The head of the Integrity Commission told Al-Sabah: We are the people’s eyes on the government and s
Yesterday at 5:51 am by Rocky
» Baghdad Provincial Council: The capital is facing a new urban and service phase
Yesterday at 5:49 am by Rocky
» Customs, security and economic aspects
Yesterday at 5:48 am by Rocky
» Central Governor: We face “increasing challenges” in complying with international laws
Yesterday at 5:48 am by Rocky
» Payment of end-of-service benefits to employees referred to retirement for the month of May
Yesterday at 5:46 am by Rocky
» Billions “evaporated”.. What is the truth about closing the “theft of the century” file in Diyala?
Yesterday at 5:45 am by Rocky
» The Minister of Labor approves the extinguishment of debts owed by transgressors from the families o
Yesterday at 5:43 am by Rocky
» How did Washington comment on Nechirvan Barzani's visit to Tehran?
Yesterday at 5:42 am by Rocky
» The honeymoon is over and the salary crisis continues. Baghdad and Erbil exchange accusations, but s
Yesterday at 5:41 am by Rocky
» Why has Iraq not submitted a file to stop burning gas over the past years?
Yesterday at 5:39 am by Rocky
» A slight increase in the exchange rate...more than 146 thousand per 100 dollars
Yesterday at 5:38 am by Rocky
» Do Iraq's debts pose a threat to the economy? Parliament answers
Yesterday at 5:37 am by Rocky
» Agriculture explains the mechanism of implementing the calendar program and its economic gains
Yesterday at 5:36 am by Rocky
» President Masoud Barzani meets an Iraqi parliamentary delegation
Yesterday at 5:34 am by Rocky
» Parliamentary criticism of the government’s delay in sending the budget schedules despite the approa
Yesterday at 5:33 am by Rocky
» A report reveals the existence of an undeclared “Iraqi-British” agreement regarding asylum seekers
Yesterday at 5:32 am by Rocky
» Alternative energy... advanced stages of the largest solar energy station in Iraq
Yesterday at 5:31 am by Rocky
» Its delay raised concerns... it is likely that the 2024 budget schedules will be approved today
Yesterday at 5:30 am by Rocky
» The industry reveals the reasons why Russian companies stopped reconstructing 7 factories in Anbar
Yesterday at 5:29 am by Rocky
» Billions evaporated.. What is the truth about closing the theft of the century file in Diyala?
Yesterday at 5:28 am by Rocky
» Nouri Al-Maliki to the Saudi Ambassador: Iraq is open to all countries of the world
Yesterday at 5:26 am by Rocky
» An Iraqi generation that “does not fear” America and Iran.. Nadim Al-Jabri explains his expectations
Yesterday at 5:25 am by Rocky
» After 9 years.. the third session of the Trade and Investment Framework Agreement between Iraq and A
Yesterday at 5:22 am by Rocky
» “These are our goals.” The Turkish President talks about his visit to Iraq last month
Yesterday at 5:21 am by Rocky
» Romanowski: The Iraqi judiciary is independent and the Federal Court seeks to consolidate democracy
Yesterday at 5:19 am by Rocky
» Deputy: The presidency of Parliament will remain vacant until the end of the current session
Yesterday at 5:17 am by Rocky
» Political: The Iraqi economy is threatened by American hegemony because of the coordination administ
Yesterday at 5:16 am by Rocky
» Politician: Salem Al-Issawi will not become Speaker of Parliament
Yesterday at 5:15 am by Rocky
» Planning reveals the mechanism for examining gold in local markets
Yesterday at 5:14 am by Rocky
» Including railway connectivity and water shares... Iraq and Iran are discussing a number of common i
Yesterday at 5:12 am by Rocky
» Oil is preparing to export gas oil after achieving self-sufficiency
Yesterday at 5:11 am by Rocky
» Trade is preparing to hold a number of specialized exhibitions in Baghdad and the provinces
Yesterday at 5:09 am by Rocky
» Erdogan: Our goal is to raise the volume of trade with Iraq to more than 20 billion dollars
Yesterday at 5:08 am by Rocky
» Al-Sudani confirms Iraq's openness to fruitful partnerships with French companies
Yesterday at 5:07 am by Rocky
» Determining the launch date for the activities of the 48th session of the Baghdad International Fair
Yesterday at 5:06 am by Rocky
» Al-Sudani receives a delegation from the Union of Arab Banks
Yesterday at 5:05 am by Rocky
» utube 5/3/24 MM&C Iraq Dinar Update - Expectation - Implementation - Activation - New Exchange Rat
Mon May 06, 2024 8:30 am by Rocky