The Kurdistan Regional Government (KRG) Council of Ministers is set to convene on Wednesday and discuss the outcome of negations between the Kurdistan Region’s delegation with their Iraqi counterparts on drafting an oil and gas bill, according to a statement.

The discussion comes as a KRG delegation has recently visited Baghdad to discuss the bill with Iraqi energy officials, with whom they agreed to form a number of committees to finalize the bill.

The weekly cabinet session will be chaired by Prime Minister Masrour Barzani in the presence of Deputy Prime Minister Qubad Talabani in Erbil, a KRG statement read.

In the absence of an oil and gas law, Iraq relies on the 1970s Ba’athist-era legislation to regulate its oil and gas sector.
The KRG officials have called on the Iraqi government on several occasions to draft the bill in order for the parliament to enact the legislation.