The Deputy Chairman of the Parliamentary Oil and gasoline Committee, Adnan Al-Jaberi, called at the authorities today, Thursday, to expedite the referral of the Oil and gas law to the Council of Representatives, stressing that its rules is an essential step to alter the control of oil wealth and make sure the honest distribution of revenues between the federal government and the producing areas and governorates.
Al-Jaberi stated in a assertion to / dinaropinions.com, that “the law of the Oil and gasoline law is a important step to alter the management of oil and gasoline wealth in Iraq,” noting that “this law will make contributions to making sure the rights of the manufacturing regions and governorates, in addition to growing a clean method for making an investment those assets in the long term.”
He explained, “The regulation will defend oil wealth from extraordinary interpretations and interpretations, whether or not in the Kurdistan place or within the generating governorates, and will paintings to resolve the present variations between the federal government and the nearby authorities, and control the relationship among the manufacturing governorates and the center.”
He talked about that “Article 112 of the Iraqi constitution stipulates the necessity of regulating the oil and gas region through the enactment of a unique law, but the lack of a commonplace vision and settlement among the federal government and the Kurdistan vicinity, in addition to between the manufacturing provinces and Baghdad, has avoided its approval to this point.
” He confused “the importance of attaining a consensus that guarantees the rights of all events,” calling at the authorities to “refer the regulation to the Council of Representatives as soon as possible to make sure the honest and equitable law of oil sales.”
it is noteworthy that the approval of the oil and gasoline law was delayed for numerous parliamentary sessions because of political differences that averted achieving a consensus on it.
