[size=36]The President of the Republic stresses the need to support the oil industry[/size]
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A statement by the Presidency of the Republic, received by Mawazine News, said, "The President of the Republic, Abd al-Latif Jamal Rashid, received in Baghdad the Chairman of the Parliamentary Oil, Gas and Natural Resources Committee, Representative Haibat al-Halbousi, the first and second deputy chairman of the committee, and a number of committee members."
During the meeting, the President stressed the need to expedite the approval of the oil and gas law in a way that guarantees the Iraqis to enjoy their national wealth with justice and equality, and that it belongs to the people and future generations, indicating that the approval of the law is important in resolving outstanding issues between the federal government and the Kurdistan Regional Government.
The President touched on the necessity of supporting the oil industry, especially with regard to investment projects in the sectors of gas, oil exploration, and refining industries, and addressing the obstacles it encounters, stressing that it has priorities in the government program.
The President of the Republic stressed the need for good planning and management and following modern methods in implementing projects aimed at increasing and improving the level of oil production in the country, and working to find appropriate mechanisms to benefit from the gas wealth in the country and not waste it, and reduce dependence on imported oil derivatives.
The President of the Republic spoke about his participation in the United Nations Water Conference held in New York, and the realistic picture put forward by the Iraqi delegation about the dangers facing the country as a result of water scarcity, which has begun to affect the lives and livelihoods of citizens in general.
The President also stressed the importance of taking urgent measures to confront the water crisis and reduce the severity of these risks by finding innovative and sustainable relief solutions at the local, regional and international levels, stressing that he sensed, during his meetings with a number of leaders of the participating countries, solidarity and support for Iraq in the face of water scarcity and climate changes represented by desertification. And the drought that bears its burdens greatly.
In turn, the Chairman of the Parliamentary Oil, Gas and Natural Resources Committee affirmed the committee's interest in the president's directives, and work to invest the country's natural resources in the best way and in a way that achieves progress and well-being for our country and our people, calling for adopting the water file in order to find solutions to reduce its effects.
Al-Halbousi indicated that the committee has been working to endorse the oil and gas law that has been stalled in Parliament for years, pointing out that there is a desire among most blocs to legislate this law in a way that reflects positively on strengthening and developing the reality of the oil sector in Iraq.