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Member of Parliamentary Oil: Without enacting the oil and gas law, it is not possible to continue understanding between the center and the region
- Time: 04/07/2023 12:01:33
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{Politics: Al-Furat News} A member of the Parliamentary Oil and Gas Committee, Ali Al-Mashkoor, stressed the need to legislate the oil and gas law for the permanence of the oil agreement between the center and the Kurdistan region.
Al-Mashkoor told {Euphrates News} agency: "The decision of the Paris court was a positive case for accelerating the approval of the oil and gas law," stressing that "negotiations of the law are progressing."
He added that the international decision "was the first step towards enacting the law because it will regulate all oil financial relations between the region and the center, and there has been confirmation that without the legislation of the law, no process or understanding between the center and the region can continue on the oil side."
The federal government signed with the Kurdistan Regional Government, last Tuesday, a final agreement stipulating that Baghdad assume the process of full supervision of the export of oil from the fields of the region, which allows the resumption of oil export again through the Turkish port of Ceyhan.
The export had actually stopped since the issuance of the arbitral tribunal of the International Chamber of Commerce, a ruling in favor of Baghdad to stop exporting the Kurdistan region of oil through Turkey, due to the lack of permission from Baghdad.
Raghad Daham
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{Politics: Al-Furat News} A member of the Parliamentary Oil and Gas Committee, Ali Al-Mashkoor, stressed the need to legislate the oil and gas law for the permanence of the oil agreement between the center and the Kurdistan region.
Al-Mashkoor told {Euphrates News} agency: "The decision of the Paris court was a positive case for accelerating the approval of the oil and gas law," stressing that "negotiations of the law are progressing."
He added that the international decision "was the first step towards enacting the law because it will regulate all oil financial relations between the region and the center, and there has been confirmation that without the legislation of the law, no process or understanding between the center and the region can continue on the oil side."
The federal government signed with the Kurdistan Regional Government, last Tuesday, a final agreement stipulating that Baghdad assume the process of full supervision of the export of oil from the fields of the region, which allows the resumption of oil export again through the Turkish port of Ceyhan.
The export had actually stopped since the issuance of the arbitral tribunal of the International Chamber of Commerce, a ruling in favor of Baghdad to stop exporting the Kurdistan region of oil through Turkey, due to the lack of permission from Baghdad.
Raghad Daham
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