Oil and Gas Law Discussion Postponed in Iraqi Parliament
Baghdad – On March 13, 2025, Member of Parliament Brerar Rashid officially announced that the oil and gas law will not be discussed or approved during the current session of the House of Representatives. In his remarks to the press, Rashid emphasized the challenges the legislation faces, indicating that the proposed law requires further consideration and deliberation before any potential approval can occur.
The postponement of this significant legislation raises questions about the future of Iraq’s oil and gas sector, which is crucial to the nation’s economy. As the government navigates complex political dynamics, the implications of such delays could affect both domestic energy production and international investments in Iraq’s rich hydrocarbon resources.
Stakeholders continue to closely monitor these developments, particularly given the importance of refining the regulatory environment surrounding the oil and gas industries to attract foreign investment and ensure sustainable economic growth. Further updates are expected as discussions resume in the coming sessions.
