Al-Tawki: The ground is prepared for the approval of the oil and gas law.
Member of the Parliamentary Oil, Gas and Natural Resources Committee, Kazem Al-Tawki, confirmed on Sunday that the current political and economic conditions are ripe for the approval of the oil and gas law, noting that the law will represent an important step towards regulating the relationship between the federal government, the region, and the oil-producing provinces.
Al-Tawki said in a statement to Al-Maalouma Agency, “The oil and gas law represents the key to solving many of the outstanding problems the country suffers from, especially those related to the distribution of wealth and the management of the oil file,” explaining that “the parliamentary committee has completed most of the technical discussions related to the draft law, and the groundwork is now ready to pass it inside the parliament dome during the coming period.”
\He added, “Political differences between the various blocs and parties were the main reason for obstructing the law over the past years, but there is a mutual understanding today of the need to resolve this issue in a way that serves the national interest and enhances transparency in the management of natural resources.”
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