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

Originally Posted by chadm

great another vacation, sure hope they get everything done before then or we will go all summer with no rv or any laws being passed

That's my thoughts exactly.

mewannapeg

Originally Posted by chadm

great another vacation, sure hope they get everything done before then or we will go all summer with no rv or any laws being passed

I don't think this means anything at all. We've seen in the not too recent past how many working vacations they have taken...at least 3 that I can remember since the first of the year. No link just going off memory. Plus with Gates coming in to start pressing things, posted yesterday, I wouldn't worry too much about this vacation thing. Plus with all the companies lining up, lots of pressure there. These companines don't want to pay their execs and others for just sitting around. There's been more news recently that there is more oil than anticipated and these companines want to get their rigs in the ground and pupming oil.

Iraq may be world's top oil producer
BY STAFF REPORTER

20 April 2007



DUBAI — Iraq's oil reserves could be twice as great as was previously thought. Iraq has known reserves of 116 billion barrels and could be sitting on potential reserves of a further 100 billion barrels, according to a study by Texas-based energy analysts, IHS. If confirmed, Iraq could overtake Saudi Arabia as the world's top oil producer.
Iraq's oil reserves are significantly untapped and daily production could be doubled within five years, the study said. Current output of two million barrels a day is lower than in early 2003, when three million barrels were being pumped, and almost half that being produced in 1979. Iraq has the capacity to increase production to four million barrels by 2012, if international investment begins to flow, with the capacity to further increase that to six million within time, according to IHS estimates. The study is considered the most comprehensive independent analysis of the country's resources since the US-led invasion in 2003. It is based on data collected in Iraq before and after the invasion, showing the oilfield's reserves and production history. Its estimate is based on analysis of geological surveys.

IHS' president and chief operating officer, Ron Mobed, described Iraq's reserves as "phenomenal", adding that they represented a "gold star opportunity." "Obviously the security situation is very bad, but when you look at the sub-surface opportunity, there isn't anywhere else like this. Geologically, it's right up there, a gold star opportunity."

He stressed that the security situation needed to improve dramatically if the foreign investment necessary to improve the country's infrastructure was to materialise. "Obviously, the security situation is very bad. But once the infrastructure is in place, the oil will come out of the ground quite cheaply", said Mobed. IHS estimates that production costs are less than $2 a barrel. Of Iraq's 78 oilfields identified as commercial by the government, only 27 are currently producing. A further 25 are not yet developed, but are close to production. Another 26 are not yet developed and are far from production. The study found that Iraq's two main oilfields, at Kirkuk in the north of the country and Rumaila in the south, were operating below capacity.
Earlier this year, the Iraqi government agreed a draft law for how its oil wealth would be shared among ethnic groups, seen as crucial to encouraging new investment.

The proposed law is due to be considered by the Iraqi parliament shortly, although the Kurdish region rejects some of the proposals

I agree PAN, i've noticed the past few breaks they've worked through, even sometimes on saturdays, with the pressure on them right now, i think they'll continue to work through their vacation

Najirfan Barzani implementation of Article 140 is in the interest of everyone
Date : Friday, April 20
Topic : Main Page
Arbil-Sabah, the new
The space CNN Turkish meeting with Mr. Barzani Najirfan president of the government of Cordstan about statements Mr. Masoud Barzani President of the Territory of space "Arab" and the issue of PKK Alcordstani and Kirkuk and the province's relations with Turkey.


On the statements made by the province to the Arab channel said Mr. Najirfan : We have made Mr. Masoud Barzani these statements two months ago, the timely response to the statements on Turkish territory Cordstan,.
He added : Our problem with Turkey is that we do not come together immediately for dialogue and discussion of outstanding issues with us to develop appropriate solutions, but statements of the parties comes through the media.
As for the Labor Party said : Alcordstani issue Alcordstani Workers Party is a political issue not be solved by military means has practiced military solutions in the past did not reach results.
On the question of Kirkuk, he said : Kirkuk issue will be resolved in the framework of the Iraqi constitution and on Turkey to respect the Constitution and the will of the Iraqi, and the implementation of Article 140 sets a solution to the problem of Kirkuk, it is not for Cord alone but in the interest of all components of national in Kirkuk.
He also added : Turkey should support the implementation of Article 140 does not operate, and stressed that Turkey's neighbor is important to us and we hope that we have good relations and are now working in Cordstan more than 400 Turkish companies and are involved in the process of reconstruction of the territory, which serves the interest of the two sides.

Najirfan Barzani : gas production in Cordstan Sitkhaddm in generating electricity
Date : Friday, April 20
Topic : Main Page
Arbil-Sabah new :
In a special interview with the newspaper "Nasso" very Alcordeh language daily, said Mr. Barzani Najirfan president of the government of Cordstan : that the central government and the provincial government had agreed to Cordstan oil law and the law has been done by the Council of Ministers and it would be submitted to the Iraqi parliament for endorsement,

He also said that there are several other laws will turn to the House of Representatives, especially the distribution of wealth.
He added Najirfan Barzani : We have one condition which is to provide law and the law of the distribution of oil wealth to the House of Representatives, at the same time.
Regarding the distribution of wealth, the head of the territorial government for the newspaper Nasso : we have a particular vision of how the distribution of wealth is to be the overall oil imports in a special fund to pay him directly share Cordstan no harm in the fund Cordstan under the control of the Iraqi Aouaraghih Kordeh joint or under the control of the Committee on Foreign Affairs. In a question about how knowledge of the subject Allahkomh Iraqi gas production in Cordstan n said : that the government in Baghdad was aware of the subject of our gas production is not commercial but rather aim to be used in the operation of power stations and power generation

Building the Great Wall of Adhamiyah
US Military Announces Plans to Turn Baghdad Neighborhood Into Gated Community
Posted 0 hr. 31 min. ago

A 12-foot-tall, three-mile-long wall is being built to enclose Adhamiyah--a predominately Sunni neighborhood in eastern Baghdad--as "one of the centerpieces of a new strategy by coalition and Iraqi forces," according to the US military. The 407th Brigade Support Battalion broke ground on the wall on April 10 and will continue working on it "almost nightly until the wall is complete," according to Capt. Scott McLearn.
“The area the wall will protect is the largest predominately Sunni neighborhood in East Baghdad. Majority-Shiite neighborhoods surround it on three sides. Like other religiously divided regions in the city, the area has been trapped in a spiral of sectarian violence and retaliation,” the military's press release states.
"Shiites are coming in and hitting Sunnis, and Sunnis are retaliating across the street," McLearn reports.
It's unclear when this became a "centerpiece" of US strategy, since just Wednesday, Maj. Gen. William B. Caldwell IV, the top spokesman for coalition forces in Iraq, said at a press briefing that he was unaware of efforts to build a wall dividing Shiite and Sunni enclaves in Baghdad and said that such a tactic was not a policy of the Baghdad security plan.
“We have no intent to build gated communities in Baghdad,” Caldwell said on Wednesday.
“Our goal is to unify Baghdad, not subdivide it into separate .”
Today, however, Reuters cited military spokesman Lieutenant-Colonel Christopher Garver explaining, "It is not the stated goal of the Baghdad security plan to divide everything up into these ... small gated communities."
He said this was not "completely incongruous" with the wall at Adhamiya because local commanders could conduct operations appropriate to conditions on the ground.
L.A. Times coverage cites local residents not at all pleased with the development, "Are they trying to divide us into different sectarian cantons?" said a Sunni *****tore owner in Adhamiya, who would identify himself only as Abu Ahmed, 44. "This will deepen the sectarian strife and only serve to abort efforts aimed at reconciliation."
Some of Ahmed's customers come from Shiite or mixed neighborhoods that are now cut off by large barriers along a main highway. Customers and others seeking to cross into the Sunni district must park their cars outside Adhamiya, walk through a narrow passage in the wall and take taxis on the other side.
Another local the LA Times spoke to, Najim Sadoon, 51, was worried that he would lose customers at his housewares store. "This closure of the street will have severe economic hardships," he said. "Transportation fees will increase. Customers who used to come here in their cars will now prefer to go to other places."
Majid Fadhil, 43, a Shiite police commissioner in a neighborhood north of the wall, said flatly, "This fence is not going to work."



IraqSlogger: Building the Great Wall of Adhamiyah

Originally Posted by rvalreadydang

I agree PAN, i've noticed the past few breaks they've worked through, even sometimes on saturdays, with the pressure on them right now, i think they'll continue to work through their vacation

Agreed and I don't think it's so much wether they want to or not, THEY HAVE TO. Way to much political and economic pressure IMHO

Originally Posted by mewannapeg

Iraq Parliament Will be off for 2 Months, Hopefully Everything Will be done By Then.

BAGHDAD, April 20 (Reuters) - U.S. Defense Secretary Robert Gates urged Iraq's leaders on Friday to pass key legislation aimed at easing sectarian divisions by the end of the summer. "Progress in reconciliation will be an important element in our evaluation in the late summer," Gates said, referring to a timeframe U.S. commanders have said will be used to gauge the progress of a security crackdown launched in Baghdad in February.
Gates' comments were among the bluntest by a senior U.S. official calling for Iraq's leaders to speed up reconciliation efforts. Washington regards passing laws concerning sharing Iraq's oil wealth and rolling back a ban on members of Saddam Hussein's party from office as critical. BAGHDAD, April 20 (Reuters) - U.S. Defense Secretary Robert Gates urged Iraq's leaders on Friday to pass key legislation aimed at easing sectarian divisions by the end of the summer. "Progress in reconciliation will be an important element in our evaluation in the late summer," Gates said, referring to a timeframe U.S. commanders have said will be used to gauge the progress of a security crackdown launched in Baghdad in February. Gates, in his first visit to Baghdad since U.S. President George W. Bush decided to send an additional 30,000 U.S. troops mostly to Baghdad, said he told Shi'ite Prime Minister Nuri al-Maliki that Washington hopes lawmakers finalise key legislation before the summer recess. Parliamentary officials said lawmakers were expected to take a break at the end of June for two months. "I expressed the hope that the council of representatives would not recess for the summer without passing laws on hydrocarbons, debaathification, provincial elections and other measures," Gates told a news conference in Baghdad. He declined to specify what would happen if the Iraqis had not done so, but he made clear their performance on reconciliation would be an important part of Washington's review of its security commitment in Iraq at that time. Iraq's government has said it plans to submit a draft oil law to parliament next week. Maliki's government has also said it has agreed a plan to allow thousands of former members of Saddam's Baath party to return to public life. The draft law has not gone to parliament and there is fierce opposition to it. U.S. commanders have said all troop reinforcements will have arrived in Baghdad by the end of May.

http://www.alertnet.org/thenews/newsdesk/L20222067.htm

They set up this vacation to join us in the Caymans at our RV party. NO LINK!!

Baghdad governorate allocated amount of 455 billion dinars to implement service projects
Date : Thursday, April 19
Topic : latest news
The President of the Council of the province of Baghdad Thursday that the provision (455) billion dinars of the development of the budget for the current year (2007) of the Secretariat of Baghdad to implement a number of service projects in the sectors of water, sewage and flooring and the environment, projects and parks and production units and the design. He said certain Sadir President of the Baghdad governorate, "The Council held the vote to approve the allocations for water services, which amounted to (105) billion dinars and sewer allocations, which amounted to projects (157) billion dinars and projects, which amounted to Plasisqual President of the province of Baghdad Thursday that the provision (455) billion dinars from the budget of the development of the Territories for the current year (2007) of the Secretariat of Baghdad to implement a number of service projects in the sectors of water, sewage and flooring and the environment, projects and parks and production units and the design.

He said certain Sadir President of the Baghdad governorate, "The Council held the vote to approve the allocations for water services, which amounted to (105) billion dinars and sewer allocations, which amounted to projects (157) billion dinars and projects, which amounted to allocations for projects (97) billion dinars, in addition to the environment, which amounted allocations (41) billion dinars and nurseries and parks, which hit the allocations for their projects (16) billion dinars, as well as production units whose allocations projects (32.7) and Service Design billion has been allocated the sum of one billion Iraqi dinars. "
The Sadir "the need to form committees to oversee the implementation of projects and the necessity of paying attention to specifications and precision in the world of work, and commitment to delivery dates."
He said that "the projects to be implemented by the competent departments for implementation during the current year focused on the implementation of parts of the Rusafa water project and the expansion of a number of existing water projects, in addition to the renewal of a large number of networks extending new networks."
The Sadir "the need to form committees to oversee the implementation of projects and the necessity of paying attention to specifications and precision in the world of work, and commitment to delivery dates."
He said that "the projects to be implemented by the competent departments for implementation during the current year focused on the implementation of parts of the Rusafa water project and the expansion of a number of existing water projects, in addition to the renewal of a large number of networks extending new networks


Two things I like about this article...the mention of the 2007 budget and all the mention to the millions of DINAR being allocated.