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MM&C 8/11/24
Parliamentary Committee : A government team is preparing a new draft of the Oil and Gas Bill
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Sunday 11, August 2024
The Parliamentary Oil, Gas and Natural Resources Committee revealed the fate of the oil and gas bill that has been stalled since successive parliamentary sessions.
The Vice Chairman of the Committee, Nahro Mahmoud Qader, stated to the News: "The oil and gas bill has not reached the corridors of the House of Representatives yet, and has not been presented for discussion within the Council of Ministers yet."
He added: "No new draft of the bill has reached the House of Representatives at the present time," indicating that "Prime Minister Mohammed Shia al-Sudani has assigned a" tripartite ministerial team "to prepare a new final draft that will be presented first within the Council of Ministers for approval, and then sent to the House of Representatives later," ruling out at the same time that ""this law will be legislated during the current legislative session of the House of Representatives. ""
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The way the word things seems to be to keep us on a our back foot. This last year has been a lot of meetings with respect to the oil and gas law. I would not be surprised at all to see them publicly have it done and pronto now.. imo ~ We shall see what they decide to say about it next. There is an awful lot of people in this line up. Why? They mean business or have they sorted it and just not able or willing to say just yet? We shall see. There are billions and billions of dollars of losses already with out this being sorted. imo ~ MM
Parliamentary Committee : A government team is preparing a new draft of the Oil and Gas Bill
View in app
Sunday 11, August 2024
The Parliamentary Oil, Gas and Natural Resources Committee revealed the fate of the oil and gas bill that has been stalled since successive parliamentary sessions.
The Vice Chairman of the Committee, Nahro Mahmoud Qader, stated to the News: "The oil and gas bill has not reached the corridors of the House of Representatives yet, and has not been presented for discussion within the Council of Ministers yet."
He added: "No new draft of the bill has reached the House of Representatives at the present time," indicating that "Prime Minister Mohammed Shia al-Sudani has assigned a" tripartite ministerial team "to prepare a new final draft that will be presented first within the Council of Ministers for approval, and then sent to the House of Representatives later," ruling out at the same time that ""this law will be legislated during the current legislative session of the House of Representatives. ""
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The way the word things seems to be to keep us on a our back foot. This last year has been a lot of meetings with respect to the oil and gas law. I would not be surprised at all to see them publicly have it done and pronto now.. imo ~ We shall see what they decide to say about it next. There is an awful lot of people in this line up. Why? They mean business or have they sorted it and just not able or willing to say just yet? We shall see. There are billions and billions of dollars of losses already with out this being sorted. imo ~ MM
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