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Second: The Oil and Gas Law is the most important law regulating the oil and Gas sector. The delay in its enactment led to governmental and federal contracts, and contracts concluded by the Kurdistan Regional Government having no strategic framework as mandated by the Constitution in articles (111 – 112).
In a very surprising and sudden move it was announced that the “Opinion Board” (Hayaatul raay هيئة الرأي) of the Ministry of Oil-MoO discussed and approved the final version of the Federal Oil and Gas Law-FOGL at its meeting on Wednesday, February 24, 2021.
Download Free PDF. The Iraqi Federal Oil and Gas Law 2011: Exploration, Exploitation and Expropriation. Yanal Abul Failat. 2013, International Energy Law Review. In Iraq, a severe crisis has affected the country's primary infrastructure, through years of war and political turmoil.
This law establishes the regime for the management of Petroleum Operations in the Republic of Iraq, taking into account the existing international treaties between the Republic of Iraq and other countries on Crude Oil transportation.
15 Ιαν 2007 · English Translation of the Draft Oil and Gas Law of the Iraqi Republic dated 15 January 2007
2 Ιουν 2021 · This article discusses the legal framework governing Iraq's oil and gas business, including the industry's constitutional provisions, investment rules, and the Draft Oil and Gas Law.
Article (1) words and phrases shall have the me. First: Ministry – Ministry of Oil. Second: Regional Body – The competent authority in the government of the Region. Third: Competent Body – The Ministry of Oil, Iraq National Oil Company, or the Regional Body. Fourth: Council – The Federal Oil and Gas Council formed pursuant to this law.
