A Concerned Parliamentarian Is Surprised That The “Oil And Gas” Law Has Not Been Approved Yet.. What Does He Need?

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A Concerned Parliamentarian Is Surprised That The “Oil And Gas” Law Has Not Been Approved Yet.. What Does He Need?

On Thursday, Representative Sajjad Salem of the Parliamentary Legal Committee discussed the Oil and Gas Law.

In a statement, Salem clarified that the law is currently just a draft and has not yet been presented to the Iraqi Council of Representatives. Passing this law requires a political agreement between the various political blocs, but there are still disagreements on the matter. Additionally, there are negotiating committees working on the oil and gas law between the central government and the region.

He emphasized the significance of the oil and gas law, particularly since we are an oil-producing state. It is unacceptable that this law has yet to be implemented, as it should be based on the constitution and must address wealth sharing, wealth management, and joint oil field management. Furthermore, it should adhere to the decisions of the Federal Court, which are now binding and must be carefully considered.