Historic Breakthrough: Baghdad-Erbil Oil Deal Paves the Way for Long-Awaited Oil and Gas Law! 🛢️🤝🇮🇶

 AL-HARKI: THE OIL AGREEMENT BETWEEN BAGHDAD AND ERBIL IS A STEP TOWARDS ENACTING THE OIL AND GAS LAW.

(All I can say is two things: Hurray! and “I told you so” …lol..lol..lol.. opps that three if you count my laughter.)

A leader in the Patriotic Union of Kurdistan, Ahmed Al-Harki, considered on Wednesday that  the recent agreement between the federal government and the regional government is a positive interim step, but it constitutes a real beginning to strengthen trust between the two sides, and 

paves the way for the approval of the oil and gas law that has been postponed for nearly two decades.

Al-Harki said in a statement to Al-Maalouma, “The oil and gas issue between Baghdad and Erbil is moving toward a solution, especially after reaching the interim agreement, which is a real beginning to restore trust between the two parties.”

He added, “Although the agreement is interim, it will open the door to strategic solutions and lead to a final agreement on regulating the oil file, which enhances the chances of approving the oil and gas law during the first session of the next parliament.”
It is noteworthy that Baghdad and Erbil announced last Thursday that they had reached an understanding on the export of the region’s oil, which paves the way for the resumption of exports through the SOMO company after a hiatus of more than two years.