Minister of Oil: Refer the final version of the oil and gas law to the Council of Ministers for approval

Minister of Oil: Refer the final version of the oil and gas law to the Council of Ministers for approval

Economie: The Ministry of Oil, Ihsan Abdul-Jabbar, announced, on Wednesday, the completion of the review of the final version of the draft federal oil and gas law and submitting it to the Council of Ministers for a vote on it and submitting it to Parliament, calling for the importance of expediting the passage of the Federal Oil and Gas Law.

Oil Minister Ihsan Abdul-Jabbar Ismail said in a statement that “the meeting of the opinion committee at the Ministry of Oil, which was held on Wednesday February 24, 2021, included discussion and review of the final version of the Federal Oil and Gas Law.

He stressed that this copy will be referred to the Council of Ministers for approval after completion.” Review it by the concerned authorities in the ministry, and then the cabinet will review this copy, and in turn refer it to the parliament for the enactment of this law. ”
Referring to “the ministry’s keenness to pass a law that contributes to the development of the oil and gas industry, and the optimal investment of the national wealth in Iraq in order to support the national economy.”

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