Why Iraq’s Oil & Gas Law Has Been Delayed for Two Decades

For nearly 20 years, Iraq’s most important economic law — the link to My FX Buddies BlogFederal Oil & Gas Law — has been stuck in the drawers of parliament. It remains the missing piece needed to regulate the country’s energy wealth, unify policy between Baghdad and the Kurdistan Region, and unlock billions in investment.According to energy experts, the failure to pass this law has created a legislative vacuum that continues to damage Iraq’s energy sector, undermine foreign investment, and keep Baghdad and Erbil locked in an endless negotiation cycle.Energy expert Mohammed Amin Hawramani says internal political actors in Baghdad have systematically obstructed development in the Kurdistan Region’s energy sector — from blocking field expansions to restricting foreign companies.Although the Kurdistan Region legally passed its own oil and gas law under constitutional authority, the Federal Constitutional Court later struck it down, arguing it cannot exist without a federal law — a law that Baghdad has failed to pass for nearly two decades.This political stalemate created instability that affected both sides.If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠....🔥 What’s the Root of the Problem?Energy expert Mohammed Amin Hawramani says internal political actors in Baghdad have systematically obstructed development in the Kurdistan Region’s energy sector — from blocking field expansions to restricting foreign companies.Although the Kurdistan Region legally passed its own oil and gas law under constitutional authority, the Federal Constitutional Court later struck it down, arguing it cannot exist without a federal law — a law that Baghdad has failed to pass for nearly two decades.This political stalemate created instability that affected both sides.✨ Reset Naturally — Grab the Holiday Helper Plan 🎁⁠⁠⁠https://buymeacoffee.com/tishwash/e/4...