Thread: Iraq/Dinar News. 09/05 to 01/14/07

Trapper, you guess is as good as any. We only assume that the dates we hear have some merit to them but it's really up to CBI to make it happen. So pick a date and we'll watch for it.lol

Hey cigarman, i'm still saying it'll happen in august also. I gaurentee when it does happen MYSELF, READYOGO, SNOTTYNOSE, and YARDBIRD will all be doing the OKLAHOMA BANANA DANCE! COME ON REVAL!!!!!!
LISA

Iraq is making progress on the Law of Oil and examine the construction of a new port of Basra
Source : Reuters - 28/08/2006
Senior government official said that the Iraqi government is making progress in resolving the internal debate on the draft law to regulate the oil and gas industry, but it will not be referred to Parliament at least two months before.

He said Barham Salih Iraqi Deputy Prime Minister told Reuters in an interview that the series of meetings in recent days between officials confirmed the acceptance of the constitutional rules based on the control of energy resources but there are still differences on the roles of regional governments and the central government and the task of the Ministry of Oil.

The bill seeks to open the door to foreign investment enormous potential in the vital oil industry through the development of rules on how to manage the state's resources.

Saleh added that Iraq is studying a number of projects for investment in infrastructure in the area of Basra, the construction of deep-water port in partnership with the private sector.

It is also expected to approve Parliament early next month to liberalize rules on the importation of fuel to help alleviate the shortage in supply.

Saleh said that they all agreed that the Constitution must be the separation.

In response to a question about the date of completion of the bill for submission to Parliament, he said "soon. A few months. Two months at least. "

He said that the debate between the communities of the government of national unity and regional stakeholders and the various ministries on the basis of "the organizational structure and the role of the central authorities for the regional role of the Ministry of Oil. Etc. "

The minority Arabs Year who dominate power during the rule of ousted president Saddam Hussein expressed concern that they might give the Constitution was passed in a referendum last year, the control of Iraq's vast oil to regional governments powerful new southern Shiite and northern Kurdish.

With the support of the United States won a year to ensure that the Arabs can amend the Constitution. However, to obtain the requisite majority support in Parliament for changes do not seem to be huge potential.

He said Saleh, a Kurd that if an amendment to the Constitution may be amended Energy Act.

He said they are conducting discussions on the basis of the current provisions stipulated in the Constitution.

He added : "This will decide the political economy of Iraq. This will determine the future policy in Iraq. "

Among the issues that need to resolve how to divide responsibility for the oil and gas reserves between the central and local governments.

Saleh pointed out that the constitution gives the central government control of the main producing fields now while responsibility for new fields in accordance with the interpretations of some communities Constitution regional authorities.

And the Kurds in the north began to develop their own without reference to the North of Baghdad.

He insisted Oil Minister Hussein Alchehrestani who belongs to the Shiite coalition that the central government should control all the resources of Iraq.

But Saleh said that there was agreement that the state's role would be limited in comparison with what was the case under the rule of Saddam Hussein.

He said, "We are serious about transforming the supplier of oil has been a curse for Iraqis. Misused dividends in many instances. "

He added that this would mean reducing state control and the role of the federal government in its administration and also includes the provision of the investment climate, which allows for greater transfer of technology through partnerships with foreign countries and to allow further investments in this vital sector.

The investment in infrastructure in the city of Basra south of the priorities in the next few years to increase the capacity of Iraq to export crude oil.

Commenting on the recent statements made by Iraqi officials on the new port in the deep waters Saleh said that this was among a number of projects being considered.

He said they are talking to a number of investment opportunities in the area of Basra in particular with a view to strengthening the capacity of Iraq's export facilities in addition to managing the growing volume of trade.

He added that there are a number of options including the construction of deep-water port in partnership with the private sector. He pointed out that he had not yet taken final decisions on these options, adding that all of them believe that the development of the Basra area is a priority for investment.

http://64.233.179.104/translate_c?hl...language_tools

Iraqi government to examine the draft law hydrocarbon wealth
Source : Home Life - 28/08/2006
Ministerial Committee of Iraqi oil and energy, to be chaired by Deputy Prime Minister Barham Saleh, a series of meetings this past weekend to review a draft law proposed by the wealth of hydrocarbon oil minister Alchehrestani Hussein, with the aim of obtaining Cabinet approval and then presented to the parliament for approval by the Iraqi Constitution. The meeting was attended by the ministers of petroleum, electricity, finance, planning, trade, justice and the representative of the territory of Kurdistan, in addition to a number of advisers.

The government of Kurdistan announced on 7 August (August) for the current draft of the model policy oil production participation agreement with the oil companies. In addition to the proposal presented by the federal law oil to the competent authorities in the Iraqi government. The Kurdish community expects that the draft policy and petroleum production model partnership agreement on the Kurdish Parliament in mid-September next (September), and to obtain the necessary approvals to open for foreign companies to invest in Iraqi Kurdistan.

The Kurdish government has signed four agreements for exploration and prospecting for oil companies Nrojeh, Canadian, Turkish, It hopes to start production next year card 40 thousand barrels a day and gradually increase to 200 thousand barrels per day in 2008.

http://64.233.179.104/translate_c?hl...language_tools

Opening competent Dutch dairy company in Irbil
Source : Newspaper Conference - 28/08/2006
The minister of agriculture in the territory of Kurdistan Abdul Aziz good that his current visit to the Netherlands came at the invitation of the Ministry of Agriculture in the Kingdom of the Netherlands, where it was discussed many things special projects farming in the region with official bodies and government in Amsterdam were held several protocols with Dutch companies interested in the agricultural sector. The minister added that among those conventions of the Convention on the establishment and opening of a Dutch company in the city of Irbil competent Milk and capital of 10 million euros. It will be a product company in the Dutch market Kurdistan 2007.

http://64.233.179.104/translate_c?hl...language_tools

My point exactly above. 2 days ago the Kurds said they had a draft hydro-carbon law ready for the Parliament by end of September. They also stated that they had written one for the rest of Iraq also. Now in the artical above they say by the end of the year. No wonder the Kurds are moving ahead, they are tired of waiting also. There's no doubt in my mind that if the Kurds had anything to do with it we would all be rich right now.

The only good thing that helps our reval is the Kurds are forging ahead and making deals. This will all relate in the reval amount when the rest of Iraq gets their head out of their A$$. Here's to the Kurds for helping us. Thanks.

Need help. On another forum their trying to decide if this is new. I figured Pipshurricane would know.

Is this new or old???? Final, July 27

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Final, July 27
Joint Statement on the Launch of an International Compact with Iraq
The Government of Iraq and the United Nations announce the formal launch of the
International Compact with Iraq. This Compact is an initiative of the Government of Iraq for
a new partnership with the international community. The Compact, jointly chaired by the
Government of the Republic of Iraq and the United Nations, with the support of the World Bank,
will, over the next five years, bring together the international community and multilateral
organizations to help Iraq achieve its National Vision.
The Government’s vision is that five years from now, Iraq shall be a united, federal and
democratic country, at peace with its neighbors and itself, well on its way to sustainable
economic self-sufficiency and prosperity and well integrated in its region and the world. Guided
by the Millennium Development Goals, the Government will work to meet basic needs, protect
the rights of all citizens and ensure the optimal use of the country’s resources for the common
good.
To achieve this vision, the Government of Iraq has undertaken to make progress on political
inclusion and consensus building, on the rule of law, and on the establishment of professional
security forces. The Government of Iraq is committed to tackling corruption, creating a
transparent and efficient oil sector, developing a solid budgetary framework, improving
governance, and building and consolidating effective national institutions. The United Nations is
committed to support and facilitate the Compact, through its mission and agencies in Iraq and the
good offices of the Secretary-General and his representatives.
The Government of Iraq recognizes that good governance and resolution of security and political
challenges are pre-requisites for progress in all other areas, including economic revival and
normalization. It will therefore make every effort in the coming period to realize these conditions,
with the assistance of regional and international partners, in order to achieve the Compact’s
primary focus: building a framework for Iraq’s economic transformation and integration into the
regional and global economy.
In their capacity as co-chairs, the Government of Iraq and the United Nations have appointed an
executive committee that will also include the World Bank, IMF, and other regional financial
institutions, and which will manage the process towards the adoption of the Compact and beyond.
The Executive Committee will assist the Government to formulate a strategy for economic
regeneration and fundamental reforms for integrating Iraq within the regional and global
communities.
The co-chairs will also work with a preparatory group of countries and organizations to develop
the Compact via a consultative process. This group will provide support, advice and guidance on
the Compact. In September, broader consultations with the international community will take
place in New York at the next meeting of the UN General Assembly, followed by an update to
Finance Ministers at the annual World Bank/IMF meeting in Singapore.
It is envisaged that the finalized Compact, including key priorities, benchmarks, and
commitments, will be presented by the Government of Iraq by the end of 2006. We invite the
international community to commit their support to the process that we have begun today and,
ultimately, to join as valued partners in the International Compact with Iraq.

Link
World Bank Group - 404 error

World Bank Group - 404 error
this is the correct link.

I don't know why the link isn't coming over correctly.I'll type it in.
World Bank Group - 404 error