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News Author: Kurdpress 2022-05-27 11:39 Reading time: 1 minute Views: 0 (0)
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Iraqi Parliamentary committee says will take legal action against KRG

Story summary
The first deputy head of the oil and gas committee in the Iraqi parliament, Ali Shakur, has said that if the Kurdistan Regional Government (KRG) does not abide by the Iraqi Federal Supreme Court's decision, the federal government will take legal action.

In February, the Federal Supreme Court issued a verdict against the KRG's law on oil contracts, ruling them unconstitutional -- Something the KRG has rejected.
Shakur told the official Iraqi al-Sabah Newspaper on Thursday, May 26, that the court's decision commits KRG to hand over all of its oil and gas sales to the federal government.
He also said that the works of International Oil Companies (IOCs) in the Kurdistan Region are wrong and that the KRG has made things easy for the firms to get financial benefits.
KRG Prime Minister Masrour Barzani said on Tuesday at the 2022 World Economic Forum in Davos, Switzerland, that the Iraqi Supreme Court ruling against KRG's oil sales is unconstitutional and political, and the KRG will not implement it.
The Judicial Council of the KRG said on May 17 that all of the KRG's oil contracts meet the guidelines of the Iraqi constitution enacted in 2005.
Reporter's code: 50101

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