Member of Parliamentary Oil: Without enacting the oil and gas law, it is not possible to continue understanding between the center and the region

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Parliamentary oil: the existence of a quasi-political consensus to legislate the oil and gas law

Economy

13:42 - 2023-04-02

 

Today, Sunday, the Oil, Gas and Natural Resources Committee announced the existence of a semi-political consensus to legislate the oil and gas law, while developing a plan to accelerate its legislation.

The head of the committee, Haibet al-Halbousi, said in a statement: "The oil and gas law was prevented from being passed due to the presence of major political differences and a small technical side," stressing that "there is almost a political consensus to proceed with the legislation of the law."

He added, "The committee set a course of action to visit the heads of political blocs, to expedite the enactment of the law and present its vision."

He pointed out, "The oil and gas law serves all Iraqis and not a specific party, because oil and mineral investments belong to all the people."

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political news 

Aware / Parliamentary Committee: (Almost agree) on the legislation of the oil and gas law

 April 2, 2023 1 Views

Conscious / Baghdad / Z.N

On Sunday, the Oil, Gas and Natural Resources Committee announced the existence of a political “near-consensus” to legislate the oil and gas law.

The head of the committee, Hibat al-Halbousi, said in an interview with the reporter (Iraqi Media News Agency / INA) that “the oil and gas law prevented its passage due to the presence of major political differences and a small technical side,” stressing that “there is almost a political consensus to proceed with the legislation of the law.”

He added, “The committee set a course of action to visit the heads of political blocs, to expedite the enactment of the law and present its vision,” according to the official agency.

He pointed out, "The oil and gas law serves all Iraqis and not a specific party, because oil and mineral investments belong to all the people."

[6ly410]

Iraqi parliamentary committee announces the existence of a "quasi" political consensus to legislate oil law

bil  6 hours

       

Iraqi Council of Representatives Building (Iraqi News Agency

 

ERBIL (Kurdistan 24) – Iraq's Oil, Gas and Natural Resources Committee announced on Sunday that there is a quasi-political consensus to legislate the oil and gas law.

The head of the committee, Haibet al-Halbousi, said, "The passage of the oil and gas law was prevented because there were big political differences and a small technical aspect."

At the same time, he stressed that "there is a quasi-political consensus to proceed with the legislation of the law," according to the Iraqi News Agency (INA).

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"The committee has set a course of action to visit the heads of political blocs to speed up the legislation of the law and present its vision," al-Halbousi said.

"The oil and gas law serves all Iraqis and not a specific party, because oil and mineral investments belong to all people," he said.

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The Oil and Gas Committee of the House of Representatives announced earlier that there is an agreement between Baghdad and Erbil to legislate the federal oil and gas law.

He pointed out that the House of Representatives "will work on its legislation during the coming legislative quarters."

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In a related context, the Iraqi Ministry of Oil announced on Sunday a voluntary reduction in production by 211,2023 barrels per day, starting from next May until the end of <>.

The ministry said in a statement that the move comes "with the aim of taking precautionary measures to meet the challenges facing the global oil market and to achieve a balance between supply and demand and market stability."

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Member of Parliamentary Oil: Without enacting the oil and gas law, it is not possible to continue understanding between the center and the region

• Time: 04/07/2023 12:01:33
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• Read: 1,365 times

  

{Politics: Al-Furat News} A member of the Parliamentary Oil and Gas Committee, Ali Al-Mashkoor, stressed the need to legislate the oil and gas law for the permanence of the oil agreement between the center and the Kurdistan region.

Al-Mashkoor told {Euphrates News} agency: "The decision of the Paris court was a positive case for accelerating the approval of the oil and gas law," stressing that "negotiations of the law are progressing."
He added that the international decision "was the first step towards enacting the law because it will regulate all oil financial relations between the region and the center, and there has been confirmation that without the legislation of the law, no process or understanding between the center and the region can continue on the oil side."
The federal government signed with the Kurdistan Regional Government, last Tuesday, a final agreement stipulating that Baghdad assume the process of full supervision of the export of oil from the fields of the region, which allows the resumption of oil export again through the Turkish port of Ceyhan.
The export had actually stopped since the issuance of the arbitral tribunal of the International Chamber of Commerce, a ruling in favor of Baghdad to stop exporting the Kurdistan region of oil through Turkey, due to the lack of permission from Baghdad.

Raghad Daham

[yota691]

Parliamentary Oil: The decision of the Paris court was a positive case for accelerating the adoption of the oil and gas law

Economy

14:47 - 2023-04-07

 

The Parliamentary Oil and Gas Committee stressed the need to legislate the oil and gas law for the permanence of the oil agreement between the federal government and the Kurdistan Regional Government.
 Committee member Ali Al-Mashkoor said that the decision of the Paris court was a positive case for accelerating the approval of the oil and gas law, stressing that negotiations to legislate the law are progressing.
He added that the international decision was the first step towards enacting the law, because it will regulate all oil financial relations between the governments of the region and the center, and there is confirmation that without the legislation of the law, no process or understanding between the center and the region can continue on the oil side.
The federal government signed a final agreement with the Kurdistan Regional Government, which stipulates that Baghdad take over the process of fully supervising the export of oil from the fields of the region, which allows the resumption of oil exports again through the Turkish port of Ceyhan.

[ronscarpa]

Parliamentary oil refuses to increase fuel prices in the budget law

 

 

2023-04-09 at 05:21

 

Shafaq News/ The Parliamentary Oil and Natural Resources Committee announced today, Sunday, its refusal to increase the tax and prices of oil derivatives in the general budget law for the year 2023. 

 

Committee member Sabah Sobhi told Shafaq News agency, "The Parliamentary Oil and Natural Resources Committee rejects any increase in the prices of oil derivatives in the budget law, and that any increase in prices will affect the poor class and employees who receive lower salaries."

 

He added, "The Oil Committee will hold a meeting with the Parliamentary Finance Committee to discuss the articles and paragraphs of the budget law and work to cancel the tax imposed on oil derivatives and keep the prices of oil and its derivatives unchanged."

 

Article 42 of the Federal Budget Law for the year 2023 states the following:

 

First: Fees are collected according to the percentages listed below, and a final revenue is entered into the public treasury:

a. Percentage (5) of the revenues of gasoline sales per liter

b. (10%) of the proceeds from sales of gas oil (kerosene) per liter

c. (1%) of the proceeds from sales of black oil

 

Dr.. A rate of (15%) on one liter of imported fuel, which is sold directly through car filling stations.

Iraq maintained its 11th rank in the world among the countries in the world with the cheapest fuel prices (gasoline), according to the global petrol prices website.

 

The website said in a table for April 2023, seen by Shafaq News Agency, that "Iraq maintained its 11th rank in the world with the cheapest gasoline in the world among the 170 countries listed in the table, after it maintained the price of gasoline sold locally at 514 cents per liter during a month." current April.

 

https://shafaq.com/ar/اقتصـاد/النفط-النيابية-ترفض-زيادة-سعار-الوقود-في-قانون-الموازنة

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Oil and Gas Parliament clarifies regarding the "Total Energy" contract

• Time: 04/09/2023 17:33:22
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• Read: 3,003 times

  

{Economic: Al Furat News} The Parliamentary Oil and Gas Committee stated today, Sunday, that Iraq has contracted with the French company Total Energies.

 

A member of the committee, Ali al-Mashkoor, told Al-Furat News that: “The contract of the French company, Total Energy, is concerned with gas fields in Basra Governorate. fit for human use.”
He added, "Therefore, it is an integrated project related to invested gas on the one hand, reduces emissions and contributes to the establishment of a national power station that supports energy saving."
A deal worth $ 27 billion between the French company Total and Iraq is facing a stumbling block after Baghdad had hoped to return the major oil companies to the country, due to disagreements over conditions that were canceled by the previous government.
Total has agreed to invest in four oil, gas and renewable energy projects in the southern Basra region over a 25-year period. The Iraqi Ministry of Petroleum signed the agreement in September 2021, after a visit by French President Emmanuel Macron to Iraq.

From: Raghad Dahham