Erbil announce an agreement on oil and gas law with Baghdad
WEDNESDAY, 09 OCTOBER / 2 NOVEMBER 2011 09:51

Twilight News / president of the Kurdistan Regional Government, Barham Salih, Wednesday, the Erbil to reach an agreement with Baghdad on a draft law of oil and gas, will hopefully be submitted to the Iraqi Council of Representatives before the end of the year.

Saleh said in a statement to Radio NPR U.S. that "the agreement recently reached between us and the Federal Prime Minister Nuri al-Maliki on the draft law of oil and gas," he said, adding that "the project will be presented to the Iraqi Council of Representatives before the end of this year to vote on it."
He did not say for the content of the new draft, but he stressed that "the Iraqi constitution allows for the Kurdistan Region to take advantage of the fields and oil wells recently discovered in the region," adding that "the province and the basis of this constitutional right, began the development of economic infrastructure of the oil."

And Saleh said "the fact that the government of the province are now producing and exporting oil to the outside through the Iraqi pipelines," noting that "the proceeds of oil exported from fields in the region go to the central treasury of Iraq."

The oil and gas law is among the many outstanding issues between Erbil and Baghdad, which take place around the negotiations and dialogues length between the two sides to reach a formula Tredehma, and the exchange of the two sides to send delegations to negotiate, after both both the charges for the other to block to reach a solution.




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