OIL AND GAS LAW: THE MEMORANDUM OF UNDERSTANDING BETWEEN BAGHDAD AND ERBIL IS POSTPONED TO A NEW PARLIAMENTARY SESSION

 OIL AND GAS LAW: THE MEMORANDUM OF UNDERSTANDING BETWEEN BAGHDAD AND ERBIL IS POSTPONED TO A NEW PARLIAMENTARY SESSION.

Despite more than a decade and a half of repeated calls for the enactment of an oil and gas law, this pending issue remains one of the most controversial issues in Iraq, particularly in the relationship between Baghdad and Erbil.

The current government, headed by Mohammed Shia al-Sudani, has repeatedly emphasized the importance of enacting the law as a key to resolving oil disputes and distributing wealth fairly.