"Controversial points" between Baghdad and the region delay the approval of the oil and gas law

[gregp]

Another next semester….

Here’s to hope. 

[Half Crazy Runner]

17 hours ago, BETTYBOOP said:

OK .... They will still be arguing 10 years from now. Rv the currency. Give purchasing power to the citizens and then you are free to argue till the cows come home if you wish

nailed it! 💯. 

[horsesoldier]

Pathetic isn't it.

[yota691]

Al-Barti relies on intentions “written” by the Sudanese government and accuses parties of obstructing an “agreed upon law”

 1 hour ago

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Member of the Kurdistan Democratic Party, Idris Shaaban, confirmed that after the recent financial agreement between Baghdad and Erbil, the trend is towards legislating the oil and gas law.

 

Shaaban said in a press interview seen by “Taqaddam” that “legislating the oil and gas law is the guarantor of resolving all controversial issues between the federal government and the Kurdistan Regional Government, which are renewed annually.”

 

He added, “The Iraqi government headed by Muhammad Shiaa al-Sudani has the intention of writing the oil and gas law and sending it to Parliament, but there are political parties trying to obstruct reaching an agreement, because they want the problems and disagreements to continue between Baghdad and Erbil.”

 

He stated that “the draft oil and gas law was agreed upon between the federal government and the Kurdistan Regional Government, and there are a few touches that need to be agreed upon between the two parties before being presented to a vote in the federal Council of Ministers.” The oil and gas law in Iraq, which has been awaiting legislation in Parliament since 2005, stipulates that Responsibility for managing the country's oil fields should be entrusted to a national oil company, and supervised by a federal council specialized in this subject.

 

But since 2003, Baghdad and Erbil, the capital of the Iraqi Kurdistan region, have disagreed on the issue of managing the region's oil fields.

 

Kifah Mahmoud, a political analyst and advisor to the former president of Iraqi Kurdistan, Masoud Barzani, said in previous press statements that, “In the current situation, legislating the law is very difficult due to intense political rivalry and the failure to form a national government that deals with the issues of the crisis with constitutional constants under the umbrella of higher interests.” For Iraq, its people and its federal system.”

 

He added: “With these repercussions, I do not imagine reaching radical solutions, and all that can be done is to postpone the problems and patch them up until the political scene changes seriously.”

[yota691]

"Controversial points" between Baghdad and the region delay the approval of the oil and gas law

2023-10-03 05:30

 

Shafaq News/ Member of the Oil and Gas Committee, Ali Abdul Sattar Al-Marshoud, confirmed that the oil and gas law has not reached the committee yet due to controversial points being resolved between Baghdad and Erbil, while its approval is contingent on resolving the controversial points.

 

Al-Marshoud told Shafaq News Agency: “Points of disagreement between the regional government and the federal government delayed the referral of the law to the Oil and Gas Committee,” noting that “the central government refuses to make a change to the paragraphs that the regional government is required to amend, which is the spirit of the law.”

 

He pointed out "the continuation of discussions between the Ministry of Oil and the committee formed by the Prime Minister and between the regional government and the political forces to end and resolve the controversial issues."

 

Al-Marshoud conditioned the approval of the oil and gas law on resolving the controversial points according to the meetings that he considered good and positive, stressing that the law will be approved during the current session after resolving the controversial issues.

[nannab]

23 hours ago, yota691 said:

e law will be approved during the current session after resolving the controversial issues.

 

Ok and thanks for sharing🙂

[yota691]

New parliamentary comment on the oil and gas law legislation

Politics |Today, 13:10 |

    

 

 

 

Baghdad today - Baghdad

Today, Wednesday (October 4, 2023), the Parliamentary Oil and Gas Committee commented on the latest developments in the legislation of the Oil and Gas Law, which is the most important clause of the agreement between the forces of the State Administration Coalition, to form the Sudanese government.

 

Committee member Ali Saadoun said, in an interview with “Baghdad Today,” that “the delay in resuming the pumping of Kurdistan’s oil through Turkey has nothing to do with the issue of delaying the legislation of the oil and gas law,” indicating that “the draft law is still with the government technical authorities, and they are working on it.” Completing the draft in agreement with the Kurdistan Regional Government.”

 

Saadoun stated that “legislating the oil and gas law requires a political agreement, and due to the lack of this agreement, the legislation of the law has been delayed over the past years, despite the importance of the law, but we expect that currently there is almost an agreement to pass this law, despite the reservations of some parties about it within the House of Representatives.” .

 

Observers say that the essence of the dispute is due to a type of dispute over sovereignty over oil rights, production, and revenues. While Baghdad wants all rights to be vested in the central government, so that the revenues end up in one account subject to the supervision of the central government, the Kurdistan region authorities want to have the right to contract with foreign companies, and for the revenues to go to their own accounts, and not be subject to the Baghdad authorities.

 

Representative Firas Al-Muslimaoui said in previous press statements, “There is a real will in the House of Representatives to legislate the law,” noting that “Iraq’s oil is one and indivisible, and there is a movement towards achieving justice in the distribution of wealth to the people, whether in the Kurdistan region, the center, or the south.”

 

While Iraq exports about 3 million barrels of oil per day, the Kurdistan Region was exporting, before the closure of the Ceyhan line in Turkey, about 450 thousand barrels per day.

 

In this regard, the Prime Minister’s Advisor for Economic Affairs, Mazhar Muhammad Salih, told Al-Arab newspaper, “Adopting a unified national oil policy, and achieving optimal investment and production in Iraq’s oil area, starting from the southern fields up to the northern and regional fields, is an important and strategic matter in the matter of benefiting from Opportunity costs in the optimal and harmonious operation of the Iraqi oil policy currently, not to mention achieving the best financial returns for the country that we all aspire to to finance the construction of the Iraqi economy and the basics of sustainable development.”

 

Mazhar Saleh: The law will establish a stable national road map for the oil sector

The draft oil and gas law available to Parliament stipulates that responsibility for managing the country's oil fields must be entrusted to a national oil company, and supervised by a federal council specialized in this subject. While the Kurdistan authorities say that the Iraqi government “has the right to participate in the management of the fields discovered before 2005, but the fields discovered after that belong to the regional government.”

 

According to the official news agency, the consultation committee between the two parties includes “the Minister of Oil, the Minister of Natural Resources in the region, the Director General of SOMO, and the advanced staff in the Ministry of Oil, as well as the oil-producing governorates such as Basra, Dhi Qar, Maysan, and Kirkuk.”

 

Prime Minister Muhammad Shiaa Al-Sudani said at the beginning of last August that “the draft oil and gas law is one of the basic and important laws, representing a factor of strength and unity for Iraq, and it has been stuck for years, at a time when the country today is in dire need of its legislation and to benefit from this natural wealth, in “All fields and sectors, as well as the contribution of the legislation to solving many outstanding problems.”

 

Source: Baghdad Al-Youm + Agencies

[yota691]

The Parliamentary Oil and Gas Committee seeks to reconsider the legislation of the Ministry of Oil

 

energy
   

Economy News _ Baghdad
The Parliamentary Oil and Gas Committee seeks to reconsider the legislation of the Ministry of Oil due to the importance of the sector and the incompatibility of its previous laws with the development taking place in it, including the law regulating the work of the Ministry, and the investment and refinement of crude oil.

 

A member of the Parliamentary Oil and Gas Committee, Bassem Ngheimesh, said in an interview with “Al-Sabah” followed by “Al-Iqtisad News” that a number of subcommittees were formed from the Oil Committee, including a committee to follow up and review oil legislation, noting that the legislation of the Ministry of Oil is old and dates back to the 1970s and did not It is compatible with the development taking place in the sector.

 

He pointed out that the most important of these laws is regulating the work of the Ministry of Oil, in addition to the Crude Oil Investment and Liquidation Law, indicating that the committee called for a review of the internal regulations and instructions that need to be amended and urged the companies concerned to amend their internal regulations in line with current developments in the oil sector to raise the level of her job.

Ngheimesh pointed out that the committee will monitor the regulations and instructions, stressing the need for them to be approved by the Ministry of Oil.

 

He added that the committee cannot amend the oil laws without receiving them from the executive authority, adding that the committee urged the ministry to amend these old laws, reconsider them and submit them to the Council of Ministers for approval and then refer them to Parliament.

 

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Added 10/05/2023 - 10:01 AM

[yota691]

A leader in the Democratic Party: Parties do not want the oil and gas law to see the light

• Time: 2023/10/06 15:36:07
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• Read: 676 times

  

{Politics: Al-Furat News} The leader of the Kurdistan Democratic Party, Wafa Muhammad Karim, directed his criticism to parties he described as “doing not want the oil and gas law to see the light.”

 

Karim said in a statement to {Al-Furat News} agency: “The disputes over the oil and gas law file were not limited only between the center and the region, but the oil-producing governorates also entered into its writing, as it does not concern the center and the region only, but all oil-producing governorates that have petrodollars are now involved.” In writing the draft and demanding the entitlements of their provinces.”

 

He added: "There are sharp disagreements about this law, and there are controlling parties and mafias that do not want it to see the light of day, and its approval will impose severe consequences on smugglers."

 

Raghad Dahham

[yota691]

Parliamentary Oil: Deep disagreements prevent the approval of the oil and gas law in the current parliamentary session

• Time: 10/07/2023 10:44:42
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• Read: 1,014 times

  

{Economic: Al-Furat News} A member of the Parliamentary Oil and Gas Committee ruled out approving the draft oil law in the current parliamentary session.

 

Ali Saadoun Ghulam told Al-Furat News Agency, “Because of the differences between the center and the Kurdistan region, we rule out that the law will approve this parliamentary session.”

 

He stated that "the differences are deep, in addition to the intervention and reservations of the oil-producing governorates regarding the law, and we expect that it will not be approved due to the depth of the differences between the center and the region."

 

Ghulam explained, "In the beginning, there was a difference in viewpoints, but now, after reviewing the important controversial points, we expect that there will be difficulty in approving the law this session."

 

It is noteworthy that since the first session of the House of Representatives, in 2005, the draft oil and gas law has been locked up, as disagreements prevent its approval in its final form.

 

After 18 years, he announced, in late last August, the formation of a committee to develop “a draft of the oil and gas law and present it to the government and the House of Representatives.” 

 

The committee that was formed between Baghdad and Kurdistan to draft a draft law for oil and gas includes “the Minister of Oil, the Minister of Natural Resources in the region, the Director General of SOMO Company, and the advanced staff in the Ministry of Oil, as well as the oil-producing governorates such as Basra, Dhi Qar, Maysan, and Kirkuk.”

 

The Prime Minister, Muhammad Shiaa Al-Sudani, said in early August that “the draft oil and gas law is one of the basic and important laws that represents a factor of strength and unity for Iraq, and it has been stuck for years, at a time when the country today is in dire need of its legislation and to benefit from this natural wealth.” In all fields and sectors, in addition to the contribution of the legislation to solving many outstanding problems.”

 

He explained, "There are governorates whose wealth has not been invested to date, which is considered negative for development efforts in all their paths."

 

Meanwhile, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed in a press statement that “accelerating the approval of the federal oil and gas project law in the House of Representatives as quickly as possible will establish a stable national road map for investment and production of the country’s primary sovereign resource, which is oil and gas.”

 

Iraq exports an average of 3.3 million barrels of crude oil per day, and black gold constitutes more than 90 percent of the Iraqi treasury’s resources.

 

From.. Raghad Dahham