On Monday, the Kurdistan Democratic Party (KDP) revealed new details about the oil and gas law. They confirmed the existence of a new draft legislation in parliament, which they believe will resolve the disputes between Baghdad and Erbil.
The leader of the party, Wafaa Muhammad, stated in an interview with Al-Maalouma agency that the political and governmental agreement between the Kurdistan region and the federal government requires a new draft of the oil and gas law.
“The passing of this draft into law will ensure a final resolution to the oil and gas issue and put an end to disputes,” he stated. He further explained that the new legislation grants the region the authority to export oil through SOMO, in accordance with the Iraqi constitution.
The leader of Barzani’s party said that if the government law is changed, as it was in the budget, it will be difficult for the Erbil government to comply with it.
Muhammad hopes that the oil and gas law will be passed according to the agreement signed on April 4, 2023, between Al-Sudani and Masrour Barzani.
A member of the Oil and Gas Committee, Sabah Sobhi, confirmed that the draft oil and gas law is still with the government due to political differences. He said that work is being done to solve problems and put it on the parliament table for discussion.
It is important to note that one of the long-standing issues between Erbil and Baghdad has been the ratification of the oil and gas law. However, they have now agreed to approve the draft law within the framework of a political agreement that led to the formation of the current government.