Home Iraqi News An “intractable problem” prevents the oil and gas law from being removed...

An “intractable problem” prevents the oil and gas law from being removed from Parliament

0
85
An intractable problem prevents the oil and gas law from being removed from Parliament
An intractable problem prevents the oil and gas law from being removed from Parliament

Ali Al-Lami, a member of the Parliamentary Oil and Gas Committee, said on Tuesday that the oil and gas law would not be passed during the current legislative session, suggesting that the organization in charge of overseeing Kurdistan’s oil fields is involved in the disagreement over the legislation.

“One of the most important laws, the oil and gas law, will not pass in the current parliamentary session. As it has in previous sessions, this law will be transferred to the next parliamentary session,” Al-Lami stated.

He continued, “There are many disagreements over the oil and gas law, including political disagreements and technical disagreements, and the most prominent of them is over the party that manages the oil fields in the Kurdistan Region and who exports the region’s oil abroad,” highlighting that “this main disagreement has not been resolved and will not be resolved due to the deepening political disagreements regarding this is the law” .

Al-Lami went on: “The oil and gas legislation cannot be divided into two laws, one dealing with gas and the other with oil, since the two laws are incompatible because the disagreement remains unresolved and the gas originates from the same oil fields.

Previous articleIraq urges the US to reconsider sanctions imposed on Iraqi banks
Next article“Coffee With MarkZ” Wednesday Morning Chat 2-7-2024
Dinar Opinions
Dinar Opinions Editorial Team is an independent group of researchers and writers dedicated to tracking Iraqi Dinar developments, Iraq economic news, and related currency topics. Our team monitors Central Bank of Iraq announcements, official Iraqi government statements, and community commentary on a daily basis.We have backgrounds in news aggregation, Middle Eastern economic affairs, and digital publishing. Our editorial approach is straightforward: we clearly separate verified news from community opinion and speculation, so readers always know what type of content they are reading.We do not provide financial advice. All content on Dinar Opinions is for informational and community interest purposes only. Readers are encouraged to consult a licensed financial professional before making any investment decisions related to the Iraqi Dinar or any other currency.Follow us on Facebook: https://www.facebook.com/dinaropinions Follow us on X (Twitter): https://twitter.com/dinaropinions Contact: [email protected]