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Showing results for tags '11 “controversial points”'.
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Expectations that the oil and gas law will be passed after the local elections The first 09/21/2023 Baghdad: Haider Al-Jaber The Oil and Gas Law can be called “the dean of postponed laws” in Iraq. Fifteen years after it was presented in the House of Representatives, it continues to be postponed for political reasons that coincided with the crises that the political process was periodically exposed to, while the law, according to its draft, permits production sharing agreements that guarantee A profit for foreign oil companies, and the central government distributes the remaining oil revenues throughout the country on a share basis The individual. A member of the Parliamentary Oil and Gas Committee, Ali Al-Mashkoor, told Al-Sabah: The oil and gas law is the subject of disagreement between the federal government and the region, as both of them look at it from their own angles, noting that there are 11 controversial points regarding its articles that were drawn up by the federal government, and they need time to be resolved because they It pours into the spirit of the law and interferes with its name. He pointed out that one of the controversial points, according to the law, is the formation of the Oil and Gas Law Authority, which includes representatives of the producing governorates in addition to the federal government and the region, and whose president is the Federal Minister of Oil, while the region wants the region’s Oil Minister to be an equal to him, expecting it to be passed after the scheduled local elections. Mid of next December. Mashkoor explained that there are no two states in Iraq, but rather there is a federal government and a region, calling for the centralization of the law to take into account the rights of the provinces and the region.
