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My Ladies at KTFA : News and Commentaries on Oil and Gas Law

Nadita
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Nadita

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(Note-My Ladies comments are in Caps and Italics)

MY LADIES » October 17th, 2014, 8:47 pm
 
AS PROMISED HERE WE GO WITH OIL AND GAS. WE HAVE BEEN HEARING THAT THIS LAW IS DONE IS DONE AND IS DONE BUT YET SO MANY PROBLEMS CONTINUE.

WELL HERE WE SEE AN AGREEMENT BEING BROUGHT BACK FROM 2006 THAT IS VERY CLEAR ABOUT WHO GETS WHAT AND IT SEEMS THAT WITH DIRECT RESPECT TO OIL AND GAS LAWS DO NOT NEED TO CHANGE IN THE CONSTITUTION.

NOW GRANTED THERE ARE OTHER THINGS THAT NEED TO BE CHANGED IN THE CONSTITUTION AND THE PRESIDENTS HAVE BEEN WORKING VERY HARD TO GET THEM DONE TO GIVE MORE OF THE FLAVOR OF UNITY RO THE CONSTITUTION THEN WHAT THERE IS NOW.
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BUT FROM WHAT WE SEE AND READ AND HEAR IS SEEMS THE STALE MATE MAY BE OVER AND GOI AND KURDISTAN CAN MOVE FORWARD.

SO ONE MORE THING TO CROSS OFF OUR LIST IN OUR OPINION, THIS IS FOR SURE PROGRESS. NOW WE SEE BELOW THAT THE BUDGET AND THE OIL AND GAS ARE TIED TOGETHER SO ARE THE BUDGET AND THE MINISTERS.

ONE MORE TIME I THINK WE CAN CONFIRM THE TIME LINE WITH OIL AND GAS UNDER WRAPS IN OUR OPINION THE MINISTERS ARE RIGHT BEHIND THE DROPPING OF ZEROS WHICH WILL SHOW THE RATE, WHICH WILL OPEN THE BUDGET, AND THE MINISTERS WILL POP OUT.

LET’S ALL WATCH PARLIAMENT SESSION TOMORROW AS WE ALWAYS DO MY LADIES WILL BRING IT TO YOU LIVE AND THEN WE WILL BE TAKING A MENTAL HEALTH DAY UNTIL MONDAY…LOL… LOVE TO ALL MY LADIES.

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DO WE HAVE A FINAL RESOLUTION?? I THINK SO.

Kurdistan: Barzani Abadi and will sign an agreement to document the results of Negotiations
Published on Friday, 17 October 1 / Okrudolf 2014 15:33
Written by: Sheikh Salem

BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) - revealed an MP for the Kurdistan Alliance, Susan Baker, that the major governments of the center and the region, will sign an agreement to document the results of the negotiations between Baghdad and Erbil.
http://center-imn.net/2/index.php/2013-09-08-07-27-39/10594-2014-10-17-15-33-34

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THIS IS BEING BROUGHT BACK FROM 2006 FOR A REASON..HERE WE GO..THIS IS SO DEFINITE AND TO HE POINT AND IS AN AGREEMENT THAT CAN BE FOLLOWED. BASICALLY OIL AND GAS LAW DOES NOT NEED LAWS CHANGED IN THE CONSTITUTION FROM WHAT IS BEING SAID HERE. THIS AGREEMENT OF 2006 IS VERY CLEAR AND THE POWERS OF THIS LAW SHOULD GO TO THE LOCAL GOVERNMENTS.

Oil law and the Constitution .. and the powers of the Federal and local
Adel Abdul-Mahdi -

Excerpt from a study on economic reform was prepared at the end of September 2006 .. and submitted to the Prime Minister at the time, we see the benefit of re-publication:

"There are many things clear and general agreement large. And disable these are all under the pretext of the existence of ambiguity in the interpretation of it in various other things is the position hinders and disrupts which must pay attention to him. It seems that there is an agreement or an agreement on the basis of the basic things, at least the following:

(A) fair distribution of resources commensurate with the needs of the population and the degree of deprivation.. It seems that this matter could be addressed through the general budget distributions. This is not a federal responsibility forms around it, that it organized in cooperation with the regions and provinces.

(B) the possibility of granting projects "exits or bearish" Downstream projects passenger terminal and refinery and petrochemical industries to the private sector domestic or foreign or local governments, in addition to the federal effort in this direction.

© As for policies "or entrances rookie" Upstream projects and production, it is not in the form of "current fields" does not mean "the current wells" or "producing wells," or wells, which is extracted from the oil currently only, but according to our understanding of the fields means that occurred and are occurring in the composition of their business and production drilling and extraction of former and current which may take place in the future as well. Minutes of the Constitution and that the discussions will include a confirmation of this view. The agreement on these fields will mean that a key part of the vision is clear vision. These fields include at least 80 fields or complex or mostly from the fields or combinations of Iraq's oil and gas explored and produced .. and that of the total 530 known complex including 115 drill field or complex. These fields are the 80 or most of them are without the slightest doubt as stipulated in Article (112 First) of the Constitution .. which stipulated that the government in this process with the producing regions and provinces which requires the presence appropriate for representatives of the producing regions and provinces in the federal bodies established director and the organization of this process .

(D) The rest of the fields and installations known or undeveloped, or that you will discover later, or has not been the work of drilling and production seems to Article (112 II) has opened the door of the initiative in front of the governments of producing regions and provinces of the initiative in cooperation with the federal government for the development of investment in these fields. ., which in turn requires an appropriate presence of the federal government in local bodies established director and the organization of this process, when doing. Note that the terms of reference of the federal authority has covered materials 109-113, with all its clauses. Accordingly, we believe that the characteristic clarity is much more characteristic of mystery that speaks of some within and outside the country. The constitution is clear enough so that the government and its initiatives organize plans and contracts .. It is also clear enough in the role of the regions and provinces to participate and do their initiatives. If there is ambiguity in the sub-issues is the duty of the oil law that illustrated and put points on the letters permanently.

(E) The marketing process is clear that a federal responsibility, whether carried out by the "Sumo" or any other domestic or foreign. Fsharth is consolidated marketing policy and strategy .. which allow to deal with foreign markets and the Organization of Petroleum Exporting Countries and other oil and gas policies so as to ensure the interests of the Iraqi people. And that the Federal Government's cooperation with the local governments of the regions and the provinces do not confuse this responsibility but fostered.

Therefore, waiting for the "oil law" which should put points on the characters in these sensitive issues, does not mean to stop working and the development of a series of business very important in the sector of oil and gas and petrochemical industries in both projects, "Exits and airstrips," or "projects entrances and upward," which requires all projects start a giant bear interest of the country and the Iraqi people. The impetus for ambiguity which might be raised about the material (111) and (112, first and second) and relating to oil and gas may be useful designation "current fields" to distinguish them from others .. note that the articles are located in the terms of reference of the federal authorities and is required to organize the relationship between the Federal Government The regions and provinces allow the distribution of powers and responsibilities, coordination and cooperation for the public interest.

http://alestiqama.com/?p=126389
 
 

THE OIL MINISTER HAD A BUSY DAY YESTERDAY WITH TWO SEPARATE MEETINGS. ALL PARTIES INVOLVED HAVE AGREED TO REMOVE ALL OBSTACLES AND TO MOVE FORWARD.

The German ambassador to security and political situation in the country
Oil Minister Adel Abdul-Mahdi, looking at separate meetings with Shaways adviser and agent only
Baghdad / justice - 10/16/2014 - 3:23 | Hits: 94

Search Oil Minister Adel Abdul-Mahdi, with Deputy Prime Minister Ruz Nuri Shaways. The latest developments in the country and especially the security and political situation

That Iraq is going through, have also been discussing the relationship between the province and the federal government and the oil and gas law and the budget law.

Where the two sides stressed the importance of removing all obstacles facing the government action and resolved in accordance with the Constitution and the law, where viewpoints were identical in this regard in order to work in the success of the joint work of the government and government program in order to prevail in Iraq for the good of all.

http://www.aladalanews.net/index.php?show=news&action=article&id=121168

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THE BUDGET AS WELL AS THE OIL AND GAS IS STALLED BECAUSE OF THE SHORTAGE OF THE EXISTING LEGISLATION IN THE CONSTITUTION SUCH AS OIL AND GAS. THIS WAS AS OF WEDNESDAY BUT IT LOOKS LIKE AFTER THE MEETINGS TODAY MOST OF THIS HAS BEEN RESOLVE. I BRING IT BACK TO TIE THE BUDGET TO THE PRESENT PROBLEMS WITH THE LAW. IT SHOULD BE ABLE TO SHAKE LOOSE NOW.

Because of the absence of the budget .. the Iraqi state collapsed economically and almost declares bankruptcy
Posted 15/10/2014 09:11 AM

The leader of the coalition are united Mohammed al-Khalidi, the Iraqi state that it almost collapsed economically and declare bankruptcy due to lack of financial budget, calling on the President of the Republic Fuad Masum, to hold a conference and invite the three presidencies and the presidency of the Kurdistan region to resolve the budget crisis.

Khalidi said that "the financial situation is very bad because of the lack of financial budget and the state today collapsed economically and almost declares bankruptcy," he said, adding that he "cannot resolve the budget only single solution, a conference calling for President of the Republic from which the three presidencies and the presidency of the Kurdistan region to resolve the crisis budget" .

He said al-Khalidi that "cannot resolve this crisis without the presence of presidencies that because there are files behind the scenes," adding that "the visit of Massoud Barzani to Baghdad alone may not melt ice differences between Baghdad and Erbil, because the amounts in dispute as great as that there are political agreements precedent and current have not been implemented. " And between the leadership of the coalition are united that "the basis of the problem is due to be interpreted by each party desires because of the shortage of the existing legislation in the Constitution the law of oil and gas."

It is noteworthy that the state budget has become the stuff of debate and an exchange of accusations between the political blocs all, they are still languishing in the corridors of the House of Representatives, http://www.altahreernews.com/inp/view.asp?ID=23567

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THE MEETING WAS A SUCCESS, NOW ONTO BIGGER THINGS.

Iraqi, Kurdish leaders discuss oil laws

Baghdad seeks a "sober" plan to settle lingering issues with KRG.
By Daniel J. Graeber | Oct. 16, 2014 at 10:48 AM

Iraqi oil minister greets Kurdish leader in Baghdad office to discuss oil sector legislation. (UPI/Shutterstock/ekina)
BAGHDAD, Oct. 16 (UPI) -- Baghdad sees the national constitution as the best venue through which to solve oil disputes with its Kurdish counterparts, the oil ministry said.

Iraqi Oil Minister Adel Abdul Mahdi hosted Iraqi Deputy Prime Minister Rowsch Nuri Shaways in his Baghdad offices to discuss bilateral ties and laws relating to the oil and natural gas sector.

Shaways is a member of the leading Kurdistan Democratic Party.

The oil minister's office said both sides agreed on solving any issues related to oil sales according to the terms of the Iraqi constitution.

The minister said he would increase efforts to find "positive" and "sober plans" to overcome obstacles in the national oil sector, his office said Thursday.

A constitution implemented in 2006 says the federal State Oil Marketing Organization has exclusive control over petroleum exports, with the semiautonomous Kurdistan Regional Government taking 17 percent of all oil revenues.

There are disagreements, however, over what level of control KRG has over contracts and exploitation of oil reserves in its northern territory.

Norwegian energy company DNO said Wednesday it was exporting an average 90,000 barrels of oil per day from its Tawke field in the region to Turkey.

Read more: http://www.upi.com/Business_News/Energy-Resources/2014/10/16/Iraqi-Kurdish-leaders-discuss-oil-laws/4161413468118/#ixzz3GO2CHja6

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IF KURDISTAN SWEARS IN THEIR MINISTERS TOMORROW AT THE PARLIAMENT SESSION THAT WILL TELL US MANY THINGS.

Kurdistan: Barzani Abadi and will sign an agreement to document the results of Negotiations
Published on Friday, 17 October 1 / Okrudolf 2014 15:33
Written by: Sheikh Salem

BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) - revealed an MP for the Kurdistan Alliance, Susan Baker, that the major governments of the center and the region, will sign an agreement to document the results of the negotiations between Baghdad and Erbil.

She said Baker's ( IMN ) that "major government center Haider Abadi, and Nechirvan Barzani of the Kurdistan region, would agree on the final results reached by the delegations bargaining, on the salaries of the Kurdistan region and the export of oil and the final accounts and other outstanding issues."

It is expected the arrival of the Kurdish delegation will be headed by the President of the Government of the Territory Barzani, in the next few days, in order to develop effective solutions between Baghdad and Erbil.

http://center-imn.net/2/index.php/2013-09-08-07-27-39/10594-2014-10-17-15-33-34
 
 
 

 

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Nadita

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thanks for  the  up dates nadita ,  I hope  that  the  new rate --isn`t  ------ a   rate of  --A--   of  a possible  ---A,A,A,A ---   rating  :confused:.......  even a 50 cent  rate  would  be  huge   with this  arena

 

Jeepguy :)

 

I hear you.. at this point.. I just want the announcement it's international and we know once it hits that mark.. any rate will do for me :) 

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