President of the Republic: There is an urgent need to pass the oil and gas law.

[RJG]

President of the Republic: There is an urgent need to pass the oil and gas law.

Thursday, August 28, 2025, 11:24 PM | PoliticsNumber of reads: 1096

 

Baghdad / NINA / President Abdul Latif Jamal Rashid stressed that there is an urgent need to pass the oil and gas law and detailed laws on the distribution of revenues, to solve the existing problems.

The President said in a televised interview: "The Arab-Kurdish Cultural Center is an important step towards strengthening common rapprochement through studying common history and destiny."

He explained: "The relationship between the federal government and the Kurdistan Regional Government is good in all areas, and the existing differences are originally between the provinces and the federal government, and what is common to them is greater than the differences."

He stressed: "There is an urgent need to pass the oil and gas law and detailed laws on the distribution of revenues to solve the existing problems, and unfortunately, Parliament has not succeeded in passing the important oil and gas law."

He pointed out: "It is the government's duty to provide salaries for all employees, and we have a major problem in government expenditures from salaries, as they reach more than 80% of the state's revenues, while in other developed countries they do not reach more than 6%, and we must solve this problem."

He added: "We must ensure free and fair elections, and prevent the exploitation of power and its resources for electoral purposes. We, in the four presidencies, agreed on a document to be electoral regulations to be adopted by the Electoral Commission and other bodies concerned with organizing them."

He stressed that there is no truth to the postponement of elections or the formation of an emergency government, and we must ensure our people's confidence in holding fair elections on time. We in Iraq are proud that all electoral processes took place on time without delay.


The President stressed that the world is facing a major water crisis as a result of climate change, including Iraq. We must obtain a fair share from neighboring countries, stop our waste, and use modern irrigation and agricultural methods.

He stressed: "The continued aggression on Gaza has a negative impact on the entire region, and our position in Iraq is clear and not new, in our support for the Palestinian people in achieving their full legitimate rights to self-determination. The aggression must now stop, humanitarian aid must be delivered, and famine must be stopped." /End9

https://ninanews.com/Website/News/Details?key=1248970

[horsesoldier]

Every year we hear URGENCY trotted out...

EVERYTHING they do/don't do/unable to at this time/refuse to do/postpone/delay/no quorum/create excuses for/endlessly argue over/misinformation/sand bagging/foot dragging and just plain  contribute to where they are & are not. The Corrupt Iranian influence firmly entrenched in "Iraqi" politics, banking et.al. has been so successful the country can't/won't move forward on any front without their say-so.

The say so for a globally recognized currency, well it's not forthcoming now is it....just endless talk 21 years on. 

[Laid Back]

The hold up on Iraq's oil and gas law is a complex issue rooted in deep political and constitutional disputes, primarily between the federal government in Baghdad and the Kurdistan Regional Government (KRG) in Erbil. These disagreements, which have been ongoing since the adoption of the 2005 constitution, have made it impossible for Parliament to pass a comprehensive law.

The lack of an oil and gas law has created a dysfunctional system with two competing energy policies, which deters investors, leads to financial losses, and prevents Iraq from maximizing its oil wealth for the benefit of all its citizens.

 

Go HCL

Go profit sharing 

Go Purchasing Power 

[currenzcraze]

The hold up is the each of the politicians want to be bribed into agreement.  

[HowieC]

5 hours ago, currenzcraze said:

The hold up is the each of the politicians want to be bribed into agreement.  

Exactly. As long as the Barzani's are in power.....good luck with an HCL.

 

Luckily the subject is just more blabber, and not needed for an RV...JMHO

[Dretown39]

25 minutes ago, HowieC said:

Exactly. As long as the Barzani's are in power.....good luck with an HCL.

 

Luckily the subject is just more blabber, and not needed for an RV...JMHO

It's not needed👍. Just slow CBI need to flip the switch.