RJG Posted May 12 Report Share Posted May 12 A Kurdistan Democratic Party MP told Rudaw: Oil and gas law talks between Baghdad and Erbil have reached the point of agreement. Yesterday at 06:03 Ziad Ismail Share on Share on Facebook Share on Twitter Share on Whatsapp Share on Telegram Share on Viber Share on Messenger Add to favorites Iraqi Ministry of Oil Keywords: Oil and Gas Law Rudaw Digital Iraq's economy is almost 90% dependent on oil production, yet remarkably, there is still no specific law governing oil and gas. Most political parties believe that the absence of such a law has been a source of tension between Erbil and Baghdad. Enacting such a law would be key to resolving many of the issues between the two sides. Hakim Farouk, a member of parliament from the Kurdistan Democratic Party bloc, told Rudaw Media Network that the oil and gas law has been discussed and "extensive talks have taken place, reaching the point of agreement." For nearly two decades, the oil and gas bill in parliament has not been passed; the Kurdistan Democratic Party’s condition for participating in the new Iraqi government was the passage of this law. Hakim Farouk, a member of parliament from the Kurdistan Democratic Party bloc, told Rudaw Media Network: “During both Ali al-Zaidi and Nechirvan Barzani’s visits to Baghdad, the oil and gas law was discussed, as well as the need to pass it as soon as possible and in the next legislative session. Many talks were held on the matter, which reached the point of agreement.” Hakim Farouk - Member of Parliament for the Kurdistan Democratic Party bloc In 2007 and 2011, two different drafts of the Iraqi Oil and Gas Law were prepared, but they were not passed due to disagreements between Baghdad and Erbil, and now attempts are continuing once again to amend them. Shaker Mahmoud Abu Turab, a member of parliament from the Fatah Alliance, told Rudaw Media Network that "there are many problems that need to be amended, and this will become apparent when they are presented and discussed. They are currently in the drawers of the House of Representatives. We - the Badr Bloc - have two important laws as our priorities: the Popular Mobilization Forces Law and the Oil and Gas Law. There are other laws, but these two are the most important." Shaker Mahmoud Abu Turab - Member of Parliament for the Fatah Alliance The draft currently in the Iraqi parliament is the 2011 draft law consisting of 49 articles; according to the principles of this draft, the “Federal Council for Oil and Gas” must be formed, which is responsible for determining oil policy in Iraq, and the Kurdistan Region will have a representative in it at the level of a minister. https://www.rudawarabia.net/arabic/middleeast/iraq/110520262 1 5 4 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted May 12 Report Share Posted May 12 Pass it already! We do not need--> A memorandum of understanding. Everyone already, understands 2 Quote Link to comment Share on other sites More sharing options...
HowieC Posted May 13 Report Share Posted May 13 I wonder if Adam still believes we need the HCL. I wonder if He still believes in this investment, and if so....where are we at this point... in His opinion. Seem to remember the word was something to the effect that we will see an RV right after the HCL or simultaneously. It's been quite a while since those days. I haven't lost hope...just getting a lot of years on me at this point. Would sure welcome a voice of reason. I also want to thank RJG and Ronscarpa for all their relentless work. I know they're sure appreciated. 2 3 10 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 13 Report Share Posted May 13 sticking point was %, this was agreed to years ago...now they just need final vote on amendment already had two readings by memory... 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 13 Report Share Posted May 13 On 5/13/2026 at 3:58 AM, jeepguy said: A memorandum of understanding. Everyone already, understands as long as we get some sort of rate change, I dont care what they agree too! 4 2 2 Quote Link to comment Share on other sites More sharing options...
Fimum Posted May 14 Report Share Posted May 14 Not a single use of the word "committee" in this article. I approve. 4 3 Quote Link to comment Share on other sites More sharing options...
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