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[size=46]Parliamentary Oil: The oil and gas law is still a prisoner of disputes and the Kurdistan Region’s oil export crisis[/size]
Economy
23:43 - 2024-02-05
[You must be registered and logged in to see this image.]23:43 - 2024-02-05
Today, Monday, the Parliamentary Oil, Gas and Natural Resources Committee revealed the fate of approving the oil and gas law during the coming period, while confirming that the law is still captive to the disputes of the Kurdistan Region’s oil export crisis.
Committee member Adnan Al-Jabri said in a press interview: “The government has not yet sent the law, given the discussions, amendments and meetings it requires,” noting that “the paragraphs of the amendment to the shares of oil-producing governorates have not yet been completed.”
He continued, "The law represents the management of oil wealth in general for the country and not just the Kurdistan Region," noting that "the law will include adding materials that serve areas near the oil fields."
Al-Jabri concluded his speech: “There are important strategic decisions that will be issued if the concerned authorities move towards sending it to the House of Representatives for a vote on it,” adding that “the law is still a prisoner of the disputes and the Kurdistan region’s oil export crisis.”
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