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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Why is the oil and gas law the “only solution” to the Baghdad and Erbil crisis?

    Rocky
    Rocky
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    crisis - Why is the oil and gas law the “only solution” to the Baghdad and Erbil crisis? Empty Why is the oil and gas law the “only solution” to the Baghdad and Erbil crisis?

    Post by Rocky Tue 06 Feb 2024, 2:01 pm

    Why is the oil and gas law the “only solution” to the Baghdad and Erbil crisis?
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    Baghdad today - Erbil
    A member of the Kurdistan Democratic Party, Pierre Taher, confirmed today, Tuesday (February 6, 2024), that the Oil and Gas Law guarantees joint management of the oil fields between Baghdad and Erbil, which makes it capable of resolving most of the disputes between the federal and regional governments. 
    Taher told "Baghdad Today" that "most of the differences between Baghdad and Erbil focus on the financial aspects, the issue of exporting oil and gas, and the export mechanism."
    He added, "Approving the oil and gas law is the key to resolving disputes and ending most of the problems between Baghdad and Erbil, and will end the crises that have been going on for 10 years."
    He stated that "the problem of employee salaries in the region, the ongoing financial crisis, and the dispute over oil exports will continue, and most solutions are temporary, and the solution is by approving the oil and gas law within Parliament."
    He pointed out that "the law means joint management of the oil and gas present in the region and thus solves the financial crisis and the issue of Kurdistan's share in the budget, which is repeated annually, and the dispute postpones voting on the budget for long periods."
    He explained, "Approving the law resolves the financial dispute because it will clarify, according to the law, who is authorized to export oil and how the financial revenues will be shared."
    The controversial problem between Baghdad and Erbil is summarized in a sentence contained in the constitution issued in 2025, which includes an article that says that “the current fields will be managed jointly,” which is the article that Erbil considers to apply to the fields discovered and operating in 2005, as for the fields that are discovered. Activating it after this date, its management will be the right of the region only.
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