Democratic Party: Oil and gas law proposals are still under study

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Democratic Party: Oil and gas law proposals are still under study

The Kurdistan Democratic Party representative, Sharif Suleiman, confirmed that the oil and gas law is still being studied by a mini-governmental committee, which is reviewing proposals from the provinces, political parties, and the Kurdistan Region.

Suleiman mentioned that the oil and gas law is currently being reviewed by a government committee. The governorates have presented their opinions and suggestions regarding the law, and the committee is considering them. In addition, the Kurdistan region has also submitted a proposed law to the committee for their consideration.

During a recent meeting, he mentioned that the State Administration Coalition has put forward five proposals for the oil and gas law. A small committee has been formed to study these proposals and work towards finding a consensus and agreement between the parties that submitted them, despite the lack of agreement on a specific proposal at present.

According to him, the current parliamentary term will not see any resolution of the oil and gas law. Instead, the matter will be postponed until the next legislative term. He emphasized that the law is of utmost importance to Iraq and all its provinces and regions. The law grants each province its entitlements from oil and gas.