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HCL 1st & Foremost Before The Parliament.


Luigi1
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Here's an article of Dinarian interests...

HCL Is 1st & Foremost Before The Parliament.

HCL could be months away in the making.

HCL is not done & passed as many Gurus claim.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

From Other Sources:  The Most Controversial Law.. Oil And Gas Are Back To The Fore Again.

ARTICLE:  Official circles are waiting for the start of a new phase of the journey to resolve the fate of the draft oil & gas law (HCL), as one of the most controversial laws after 2003.  The renewed oil dispute between Baghdad & Erbil in each government was a cause of political estrangement at times & turned into part of the settlement files built on Its basis is a fragile relationship between the federal government & the Kurdistan region.

 

The oil & gas law is a pending file, so as soon as an interim agreement saw the light as happened before the formation of the government the draft law was left in the drawers of Parliament.  

 

On February 15, 2022, the Federal Supreme Court ruled that the private oil & gas law in the regional government was unconstitutional.  The decision also stipulated that the oil contracts concluded by the Kurdistan government with oil companies, parties & foreign countries are invalid.  

 

Representatives believe that the current time is one of the best times for passing the complex law, thanks to partial & interim stability in the relationship between Baghdad & Erbil, despite the Kurdistan Judicial Council’s rejection of the Federal Supreme Court’s decision to hand over crude oil to the federal government, stressing the constitutionality of the oil law in force in the region.  

 

The oil & gas law in Iraq, which has been awaiting legislation in Parliament since 2005, stipulates that the management of all oil fields in the country must be under the responsibility of a national oil company under the specialized government council.

 

A member of the Parliamentary Energy Committee, Kazem Al-Touki, said, “The oil & gas law consists of political & technical aspects,” pointing to the need to take into account the timing of its approval by saying that “the best time to pass it is the current time, because the Kurdish parties are forced to legislate it after preventing the region from exporting oil & this It means more flexibility in Erbil’s position.”  

 

The federal government had resorted to international arbitration procedures with Turkey in 2014 at the International Chamber of Commerce in Paris, which in 2022 issued its decision in favor of Baghdad.  The ruling led to the suspension of exports & obligated the Kurdistan government to negotiate with the federal government.  

 

The representative of the National Union, Karwan Ali, expected that “the oil & gas law will be approved according to the government’s curriculum during the coming months, because it is an important law &d regulates the extraction of the country’s wealth.”


 

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Here's another article related to the above...RV-RI could be months away...It's looking more like 2024...

 

MntGoat:    RV-RI Months Away???

ARTICLE: There is not much more we can do but relax & let the RI come to us.   We have not heard even an update on the project to delete the zeros.   Normally Ali Al-Alaq is real good at giving periodic updates on this event.   He has been back in the seat of CBI governor now for almost 6 months & still no word.   I am told by my CBI contact that they are still working on it & plan to do it very soon.  This is all the news I can get on this topic.

 

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9 minutes ago, WheresmyRV? said:

They're gonna talk, discuss and open up many committees to look at this and it will be March of 2024 before these fools will think about passing this.

 

Agree...Recent articles coming out of Iraq is sounding more like 2024.

The question...can unemployed, starving Iraqis wait till 2024?

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2 hours ago, Luigi1 said:

 

Agree...Recent articles coming out of Iraq is sounding more like 2024.

The question...can unemployed, starving Iraqis wait till 2024?

Just wait until the huge protests attack and enter inside the cbi building and kidnap the Governor of the cbi and his subordinates.

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