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2022-02-27 06:45
Nechirvan Barzani sponsors a meeting of the four presidencies to discuss the implications of the Federal Court's decision
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2022-02-27 06:45
Shafaq News/ The President of Kurdistan Region, Nechirvan Barzani is scheduled to sponsor tomorrow, Monday, a meeting of the four presidencies in the region to discuss the repercussions of the recent Federal Court decision regarding the oil and gas file.
Dilshad Shehab, the advisor in the Presidency of the Region, said in a statement to Shafaq News Agency, that the four presidencies in the Kurdistan Region (the Presidency of the Region, the Government, Parliament, and the Supreme Judicial Council) will participate in the meeting to discuss the repercussions of that decision, and take the necessary measures regarding it.
Meanwhile, another meeting was held in Kurdistan Parliament today for a delegation from the Kurdistan Regional Government with the heads of the political blocs in Parliament to discuss the issue of the Federal Court's decision to cancel the oil and gas law in the region.
On Tuesday (February 15, 2022) the Federal Court issued a decision that the oil and gas law of the Kurdistan Regional Government was unconstitutional, with its obligation to hand over all oil production from oil fields in the region and other areas from which the Kurdistan Ministry of Natural Resources extracted oil and handed it over to the federal government represented by the Federal Ministry of Oil And enabling it to use its constitutional powers regarding oil exploration, extraction and export.
The President of Kurdistan Region, Nechirvan Barzani, described the decision as "unconstitutional" and was based on a law of the time of the former regime, and stressed the regional government that "such an unconstitutional decision cannot be accepted."
The Kurdistan Regional Government considered the decision of the Federal Court on the oil and gas law in the region, on Tuesday, as "unconstitutional", stressing that it cannot be accepted.
And the Kurdistan Region began to sell its oil in isolation from the federal government, after a stifling financial crisis as a result of the collapse of oil prices during the ISIS invasion of areas in Iraq, in addition to the disputes with Baghdad that prompted the latter to stop paying the salaries of the region’s employees.
Baghdad says its national oil company, SOMO, is the only one authorized to sell Iraqi crude oil, but each side claims the constitution is on its side. Since the Iraqi oil and gas law remained imprisoned in the drafting stage due to differences, there was room for maneuver.
The oil file is one of the most prominent outstanding issues between Baghdad and Erbil.
Baghdad used to pay 453 billion Iraqi dinars per month (about $380 million) as salaries to the employees of the Kurdistan Region, but it stopped them after the region conducted the independence referendum on its part, and because of what Baghdad said that the region was not committed to handing over its oil in accordance with the terms of the federal budget.
After several rounds of political negotiations, the region was obligated, according to an agreement with the government in Baghdad, to hand over 250 thousand crude barrels per day of crude oil produced from its fields to the state-owned company SOMO, and hand over the revenues to the federal public treasury.
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Dilshad Shehab, the advisor in the Presidency of the Region, said in a statement to Shafaq News Agency, that the four presidencies in the Kurdistan Region (the Presidency of the Region, the Government, Parliament, and the Supreme Judicial Council) will participate in the meeting to discuss the repercussions of that decision, and take the necessary measures regarding it.
Meanwhile, another meeting was held in Kurdistan Parliament today for a delegation from the Kurdistan Regional Government with the heads of the political blocs in Parliament to discuss the issue of the Federal Court's decision to cancel the oil and gas law in the region.
On Tuesday (February 15, 2022) the Federal Court issued a decision that the oil and gas law of the Kurdistan Regional Government was unconstitutional, with its obligation to hand over all oil production from oil fields in the region and other areas from which the Kurdistan Ministry of Natural Resources extracted oil and handed it over to the federal government represented by the Federal Ministry of Oil And enabling it to use its constitutional powers regarding oil exploration, extraction and export.
The President of Kurdistan Region, Nechirvan Barzani, described the decision as "unconstitutional" and was based on a law of the time of the former regime, and stressed the regional government that "such an unconstitutional decision cannot be accepted."
The Kurdistan Regional Government considered the decision of the Federal Court on the oil and gas law in the region, on Tuesday, as "unconstitutional", stressing that it cannot be accepted.
And the Kurdistan Region began to sell its oil in isolation from the federal government, after a stifling financial crisis as a result of the collapse of oil prices during the ISIS invasion of areas in Iraq, in addition to the disputes with Baghdad that prompted the latter to stop paying the salaries of the region’s employees.
Baghdad says its national oil company, SOMO, is the only one authorized to sell Iraqi crude oil, but each side claims the constitution is on its side. Since the Iraqi oil and gas law remained imprisoned in the drafting stage due to differences, there was room for maneuver.
The oil file is one of the most prominent outstanding issues between Baghdad and Erbil.
Baghdad used to pay 453 billion Iraqi dinars per month (about $380 million) as salaries to the employees of the Kurdistan Region, but it stopped them after the region conducted the independence referendum on its part, and because of what Baghdad said that the region was not committed to handing over its oil in accordance with the terms of the federal budget.
After several rounds of political negotiations, the region was obligated, according to an agreement with the government in Baghdad, to hand over 250 thousand crude barrels per day of crude oil produced from its fields to the state-owned company SOMO, and hand over the revenues to the federal public treasury.
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