MP rules out finalizing oil and gas law in 2024

On Friday, MP Ali Saadoun said that the oil and gas law wouldn’t be passed in 2024.

“The oil and gas law is one of the important laws that has been postponed for several sessions due to deep political differences, despite its importance in correcting several paths that cast their shadows on the performance of a sector that finances the country’s treasury with approximately 90% of its revenues,” Saadoun stated in an interview with.

“He rules out the possibility of resolving the oil and gas law in 2024 because the differences still exist and reaching agreement on them requires more dialogue, despite the serious desire of many forces to resolve this law,” he went on to say.

“Political consensus is necessary to proceed with the approval of many important laws in the country, but it must be in accordance with principles that positively reflect on the public interest,” he stated.

It is noteworthy that political disagreements over the content of controversial laws, particularly those pertaining to oil and gas, have resulted in their suspension for years.