Thread: Iraq/Dinar News until April 26, 2007 Midnight cst.

Originally Posted by fredgwest1999

Must be my system or the site maynot work with win vista (lots of things don't) or maybe I have the wrong link??
http://www.uruklink.net/iqlaw/

Fred

its the correct link for the gazette. its not up and hasnt been for a few days again.

Originally Posted by fredgwest1999

Must be my system or the site maynot work with win vista (lots of things don't) or maybe I have the wrong link??
http://www.uruklink.net/iqlaw/

Fred

It's not your system....I thought you meant nahrain.com. Sorry...

Thanks!

Anything for sure yet?

Fred

Originally Posted by kiko

BINGO!! READY TO BE RICH...


Shahrastani confirmation of the law within days
(Voice of Iraq) - 22-04-2007

Shahrastani told the «life» bill passed within days ...

Iraq intends to increase its oil output four million barrels a day Dubai-Fayed Abdel Fattah life-23 / 04 / 07 / /

Dubai-Fayed Abdel Fattah life-23 / 04 / 07 / / Iraqi Oil Minister Hussein Shahrastani (August a) Expects Iraqi Oil Minister Hussein Shahrastani increase Iraq's oil production to eight million barrels a day in future, after the activation of the new oil and gas, expected to refer the bill to the House for discussion and endorsement this week.

He revealed in an interview with Al-Shahrastani »life», on the sidelines of a symposium organized by the Iraqi parliament finally convened in Dubai to discuss the draft law was finalized before being forwarded to the Iraqi Parliament, the ministry's plan for lifting Iraqi oil production to four million barrels per day over the next five years, pointing out that current production does not exceed 2.2 million barrels per day, while exports more than 1.6 million barrels a day because of successive explosions that hit northern export pipeline, which passes through Turkish territory, which makes the work will only be confined to the pipeline in the southern Basra.

The Shahrastani that Iraq now has the capacity to produce three million barrels of crude oil a day and exported, not for the terrorist attacks that hit the export pipeline in the north of the country whenever repaired, stressing that the five-year plan approved by the government provides lift output to four million barrels per day in light of potential current.

He added that the Adoption Law of new oil and gas, and will be followed by legislative structure is stable and encouraging and inviting international companies specialized in exploration and production, would raise the production capacity to new levels, and expected that this be done in two phases, the first includes access to six million barrels a day, while the second contains access to eight millions of barrels per day.

Regarding Iraq's UN Security Council's resolutions and whether international supervision of Iraqi oil exports will end immediately after the approval of the new law, said Iraqi Minister of Oil that Iraq is committed to continuously monitor the Security Council of oil revenues and ways of spending the time being, however, said the new law of oil and gas and deposit oil revenues all in a special account in «Central Bank of Iraq» help in ending that stage yet commitment decisions of the Security Council ».

According to the minister oil revenues will be all in one account at the Central Bank, will be added to other federal revenues from taxes, customs and others, where the fund will be distributed through the annual federal budget to be presented to the parliament for approval. He explained that the triggering mechanism Shahrastani funds for the implementation of the annual budget will be the prerogative of the Prime Minister, Finance Minister and the ministers concerned, in accordance with the law, while a supervisory body, comprising representatives from all the provinces and not the oil-producing provinces only, in order to ensure the implementation of the items in a precise and access to the money owed, stressing that «all the Iraqi people will be the beneficiaries».

Iraqi oil marketing Shahrastani said that the Iraqi oil marketing company marketed through «Sumo», which will remain the only company authorized to export oil of Iraq, but stressed that the revenues will be deposited in the accounts marketing company, indicating that it had deposited with the company completely independent of «INOC», which gives the law the right to supervise Iraq's oil company monopoly. Recording contracts and on the participation of production by the companies in their accounts, the minister said that «this depends on the texts of the contracts themselves, since there is no provision in the law which so, and therefore, this depends on the custom of international oil».

It also revealed that his ministry's plan for setting up a company for oil services, which will serve as a holding company under the umbrella ten subsidiary companies, each of which operate in a specific area, indicating that the subsidiary companies will be affiliated to the Iraqi private sector, which a «capable of performing oil services», calling on all Iraqis to participate in the development of this a vital sector. Regarding the lack of a specific proportion of the proceeds of oil revenues will be directed to «Fund generations» or «the future», the minister said that it was agreed not to identify the proportion of those now for political considerations relating to Iraq's debt and international commitments, such as the compensation due him, and others, it is not acceptable to a large proportion of them in «fund future» then talk about dropping a part of Iraq's debt or apply for loans and grants for the reconstruction of Iraq, or to drop the claim damages caused by the former regime.

The minister disclosed Iraqi oil that the Iraqi government allocated a sum of money to help Syria and Jordan in benefit of Iraqi refugees have, «far beyond what the collection of international assistance in this regard», pointed out that the issue of Iraqi refugees in the forefront of the concerns of the Iraqi government. He said that «the Geneva Conference» did not hold the invitation of the Iraqi government, but by the affected countries such as Syria and Jordan, added that the Iraqi government has pledged to provide subsidized all Iraqi refugees, regardless of their political, ethnic or sectarian.

you know what word goes here!!!

Zebari intends to visit Turkey and Syria, in addition to Tehran to mobilize support for the Sharm el-Sheikh

23 / 04 / 2007 0:48 a.m. (GMT)

Egyptian Foreign Minister Hoshyar Zebari that it might visit Turkey and Syria, in addition to Iran, which Sesalha middle of this week, urging Iranian officials to attend the international conference on Iraq scheduled to be held next month in Egypt.

Zebari said in a statement to Agence France Press that the Iraqi government believes that the participation of the neighboring countries is very important to the success of the Sharm El-Sheikh.

Zebari stressed that it will discuss all issues with Iranian officials clearly secretariat, and said that he would explain to them that this meeting is important for Iran as it is important for Iraq.

Radio Sawa - زيباري ينوي زيارة تركيا وسوريا بالإضاÙ�Ø© إلى طهران Ù„Ø*شد الدعم لمؤتمر شرم الشيخ

i was sitting here watching advfn monitor, with all the relevant currencies selected of course. the pair of EUR/IQD has had movement several times that ive noticed with a 3 minute gap between them.
03:03:17, 03:06:17, 03:09:17, 03:12:17, 03:15:17, 03:18:17, 03:21:17, 03:24:17, 03:27:17, 03:30:17, 03:33:17, 03:36:17, 03:39:17, 03:42:25, 03:45:25, 03:48:25, 03:51:42, 03:54:52, 03:58:11, 04:01:xx, 04:05:xx, 04:08:24, 04:11:32, 04:15:02, 04:17:47, 04:20:xx, 04:23:19, 04:25:55, 04:28:58, 04:32:00, 04:34:59, 04:38:00, 04:41:09, 04:43:48, 04:46:38, 04:49:26, 04:51:17, 04:54:17, 04:57:17, 05:00:17, 05:03:17, 05:06:17, 05:09:17, 05:12:17, 05:15:18, 05:18:17, 05:21:17, 05:24:17, 05:27:17,,,, keep an eye on it, i gotta sleep for a bit...

i noticed the franc and the yen were trading in the same type of pattern. i believe the dinar is trading against the euro.

the numbers fell to lowest, -6.3 and instead of editing this every 3 minutes im going to say its still falling!!!!!!!!!

ok, upon further investigation the site US Dollar Index - Real-Time Currency Trading Charts from FXTRek for Forex Trading has been showing activity for several days now it appears but i wasnt tracking it.


ADVFN - ADVFN

Information revealing the existence of huge oil reserves in Kurdistan
(Voice of Iraq) - 23-04-2007

Information revealing the existence of huge oil reserves in Kurdistan and western regions Iraq will make one of the biggest exporters and the second greatest stocks in the world Baghdad-Tariq Al-Araji-Agencies A source at the Oil Ministry to "Assabah" of the existence of oil reserves in the vast western regions and the Kurdistan region.

The source said : that the stock is expected in the western regions of 100 billion barrels, while 45 billion barrels In areas of Kurdistan. This brings the reserve of Iraq to 250 billion barrels to be the second largest reserve stock of the world, and this information correspond with what the study prepared by the international consulting agency and published on CNN yesterday about the existence of oil reserves of over 100 billion barrels in the western regions.

The study estimated the company published by IHS and the news agency quoted CNN taken from the jurisdiction of the Colorado-based American, said that turning Iraq into those amounts, one of the biggest oil exporters in the world, the most attractive to international companies in this sector, in the event of successful efforts to improve the security situation in that region.

It known reserves of oil firm in Iraq of 115 billion barrels, and if the new reserve was confirmed, Iraq will by Iran to become the second largest oil wealth behind Saudi Arabia, with reserves of at least 215 billion barrels.

The Minister of Oil, Dr. Hussein Shahrastani had alluded to this in an interview with the site CNN last week, which confirmed the discovery of a giant new fields in the western region near the Syrian border was named "Ekaas." The requested study is the first research independent consultant since ousting the Principles in 2003 that Iraq would be able to double its production capacity and lifting to four million barrels per day within five years, if given the necessary investments.

The western region, which talked about the institution of the majority Sunni armed groups are active, and as long as defined by opposing any laws that limit the profits of oil governorates that contains that article, as this would constitute an exception, since it was the general belief that the non-oil. It is not yet known whether that study has changed the attitudes of some politicians about the federal system and the distribution of oil wealth, noting that IHS confirmed its determination on its website published a detailed map shows the geographical distribution of Iraqi oil.

The government has, as a result of political settlements, amending initial draft submitted by the oil and gas law to be discussed by the House soon, so that they can to re-national company to Iraq's oil, and the deposit of all oil revenues for the country in one central fund.


At least....

There is more to explore!!

Allocations part of the Japanese loan for the development of the oil sector
(Voice of Iraq) - 23-04-2007

Allocations part of the Japanese loan for the development of the oil sector in the south BAGHDAD - Adel Mahdi life-22 / 04 / 07 / /
A Assem Jihad, spokesman for the Iraqi Ministry of Oil, part of the Japanese loan, which was submitted to Iraq, of 3.5 billion dollars, would be allocated for the development and rehabilitation of the oil sector in the south of Iraq, especially the reconstruction of Basra refinery.

It will add a new unit to convert heavy oil derivatives (ie black oil) to light oil products, such as gasoline and gas oil (kerosene) and oil White, along with the existing reduce waste due to the absence of the use of technology in production. He added Jihad told «life» The second project includes building a new oil port in Iraqi territorial waters, pumping crude oil exports abroad, pointing out that Japan pledged to provide additional loans concessional terms by the same earlier, if implemented, other big oil projects.

He described Jihad Japanese loan that «better», because the interest rate ranging between 4 to 7%, while the ratio will shrink to less than 1% in case the Japanese companies processing contracts, in the absence of participation loan interest rate will be doubled, explaining that the grace period for a loan of up to 40 years, pointing out that Japan expressed its desire to enhance its cooperation with Iraq, particularly in the oil sector, what possessed of large reserves of crude oil.

On oil cooperation with South Korea, the spokesman for the Iraqi Ministry of Oil as a partnership agreement with a large Korean companies that own a fleet of newly huge oil tankers, so will their delivery vehicles at the disposal of the company «Iraqi Oil Tankers Company», in a kind of partnership between the Iraqi company and the foreign company, in return for borrowing the share of the transfer of crude oil. He added that Korean companies expressed willingness to develop cooperation with Iraqi companies on new foundations, notably the rehabilitation of the petrochemical plant in Basra with a Korean company, under a partnership agreement to develop and establish new units to raise production capacity and the introduction of modern technology to the plant.

He added that the new investment law allows foreign companies and the Iraqi rehabilitation Iraqi factories and laboratories, which do not operate a high productivity due to use of modern technology, explaining that the Oil Ministry is currently considering several offers, with the aim of modernizing the oil tanker fleet and the activation of the company's operations and provide armored.

Its 12:35 AM Monday morning in Califonia and I just checked the CBI its dropped 2 points to 1270 that freaking great hoping the reval will be very soon but not stating that I know when and how much, Just the same this is great news
benzboy

The Cabinet approved the draft of the International Covenant between Iraq and the United Nations
الاثنين, 04.12.2006, 07:38am (GMT)Monday, 04.12.2006, 7:38 am (GMT)

البلادThe Council of Ministers during its regular sixth session on the draft of the International Covenant with Iraq and recommending commissioned Deputy Prime Minister Barham Salih follow-up work with the relevant agencies to mobilize international support and the success of the initiative and the launch of the International Covenant. To serve in the Iraqi national vision of political and economic reform and security in the country
Translated version of http://www.iraqimedianet.net/article/Economy/3005/