AM:11:45:26/05/2022
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SULAIMANI — 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.
(NRT Digital Media)