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

Originally Posted by shotgunsusie

expecting the announcement in baghdad tomorrow. be lookin for a higher rv than first expected.

can anyone in oil confirm that teams of oil people have been sent to iraq to evaluate their reserves pre- this compact?

Nice!! Is this from an inside source?

Thanks

Susie,

Could this be it, I have alot of faith in your posts. Can hardly breath at this point got that warm feeling inside. Here we come Windermere, Florida!

Originally Posted by shotgunsusie

expecting the announcement in baghdad tomorrow. be lookin for a higher rv than first expected.

can anyone in oil confirm that teams of oil people have been sent to iraq to evaluate their reserves pre- this compact?

Iraq 'needs $A33b in oil investment'

9/13/2006
Wednesday September 13, 3:53 PM

Iraq 'needs $A33b in oil investment'
Iraq needs $US25 billion ($A33.35 billion) in investment to increase its oil production from 2.5 million barrels a day to in excess of six million barrels, the country's energy council says.

"Some $US25 billion over the next five to six years is needed in order to develop oil production to in excess of six million barrels a day," said Thamir Ghadhban, an advisor to the Iraqi prime minister and a member of the Iraqi Energy Council.

Mr Ghadhban also said he expects that new petroleum laws regulating the Iraqi oil market, becoming active early next year, will see the breakdown of the state monopoly, although the reserves will remain the property of the Iraqi people.

He said talks between Iraq and the private sector had begun in 2003 and that a number of agreements were signed for services technical assistance, such as training.

"For specific negotiations on development or exploration, we are waiting until the petroleum law is passed so we have a legal venue so all talks will be legally protected," he said.

But he did say that informal talks are ongoing with international and Australian representatives.

Mr Ghadhban said pipelines and related infrastructure in the south of the country is fairly safe and the government is actively trying to improve security elsewhere.

"I know that many of them (international operators) are interested in coming and working in Iraq as soon as they feel they are safe and secure," he said.

Iraq is thought to have 115 billion barrels of oil reserves and an estimated 110 trillion cubic feet of natural gas.


Iraq 'needs $A33b in oil investment' - Source

Iraqi Dinar News Article List
Iraqi Dinar News - Iraq 'needs $A33b in oil investment', SafeDinar.com

Iraq plan to bolster security for northern oil fields

9/13/2006

LONDON — Iraq plans to boost its military presence around oil fields in the north.

Officials said the Iraq Army would increase deployment around the oil fields at Kirkuk. They said the Oil Ministry hopes the bolstered military presence would lead to a significant decline in insurgency strikes.

"We already have a military presence there and we're going to reinforce it," [Iraqi Oil Minister Hussein Shahristani said during a Sept. 11 briefing at OPEC headquarters in Vienna.

In 2006, the Oil Ministry renewed oil production and exports from the Kirkuk fields to Turkey, Middle East Newsline reported. The northern fields produced an estimated 8.5 million barrels of crude in July.


Iraq plan to bolster security for northern oil fields - Source

Iraqi Dinar News Article List

Iraqi Dinar News - Iraq plan to bolster security for northern oil fields , SafeDinar.com

Comon susie don't leave us hangin. Whats the news that made you think tomorrow.

I need something to calm me down.

Elf I hear ya man... This is making me so anxious!

Originally Posted by shotgunsusie

expecting the announcement in baghdad tomorrow. be lookin for a higher rv than first expected.

can anyone in oil confirm that teams of oil people have been sent to iraq to evaluate their reserves pre- this compact?

I *DON'T* doubt this for one minute . . . We have been trying to reach our Kurds for confirmation . . . but they have been in Baghdad conferring with Sadam's prosecutors . . . I will post if / when I reach them . . .

Originally Posted by RollsRoyce

I *DON'T* doubt this for one minute . . . We have been trying to reach our Kurds for confirmation . . . but they have been in Baghdad conferring with Sadam's prosecutors . . . I will post if / when I reach them . . .

Good of you RollsRoyce. Let us know. I was waiting for OSW to post as he was here when SGS posted this. He has several contacts in the Kurds aswell. Maybe that is what he is doing too.

inhale ......exhale... inhale ... exhale.... tryin to stay calm... any more
clues as to why tomorrow? inhale...exhale.... regardless... thx for the tip!! :) :

I have heard that there are some major new Oil finds, but have not seen or heard any valid news report on it as of yet. Only hearsea at this point.