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[size=38]The region requires the approval of three parties in return for passing the oil and gas law[/size]
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August 9, 2023[You must be registered and logged in to see this link.]
Baghdad / Obelisk Al-Hadath: The Council of Ministers of the Kurdistan Region stressed the constitutional foundations in preparing the oil and gas law jointly between the federal government, the regional government and the oil and gas producing provinces.
The media office of the Kurdistan Council of Ministers stated, in a statement received by Al-Masalla, that the Kurdistan Regional Council of Ministers held its weekly meeting chaired by Prime Minister Masrour Barzani and in the presence of the Council’s Vice President, Qubad Talabani, and dealt with a number of issues included in its agenda.
The statement added that, at the beginning of the first paragraph of its agenda, the cabinet reviewed the results of the visit of the Kurdistan Regional Government delegation to Baghdad, related to the preparation of a draft federal oil and gas law jointly between the federal government, the Kurdistan region and the Iraqi oil and gas producing provinces, based on the relevant constitutional articles. in the oil and gas sector.
Barzani stressed the need to prepare a draft oil and gas law at the federal level of Iraq, based on the provisions of the constitution related to the oil and gas sector, and these constitutional articles must constitute the basic foundation for that, as clearly stipulated in the constitution, and the draft law should be approved by the federal government and the region Kurdistan and the oil-producing provinces in Iraq, reflecting the principles of the federal system in the country, as established in the constitution.
He stressed the need to respect the agreements concluded between the Kurdistan region and the federal government regarding the rights guaranteed constitutionally for the region.
The Council of Ministers stressed the importance of having a law regulating the oil and gas sector at the level of Iraq, provided that it is compatible with the principles of regulating this sector and with the federal system of the Iraqi state, as stated in the constitution.
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