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[size=45][size=41]Deputy: Without the oil and gas law, it is not possible to continue the understanding between the center and the region[/size]
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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 said in a press interview seen by “Takadam” that “the Paris court’s decision was a positive case for accelerating the approval of the oil and gas law,” stressing that “the law’s negotiations 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.
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