Rmc10 Posted March 7, 2018 Report Share Posted March 7, 2018 23 minutes ago, SupraRacer said: What do you think Thugs they must have got mommy issues???? SR They are scared of clowns... 😲😭🤓 3 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 7, 2018 Author Report Share Posted March 7, 2018 8 minutes ago, Rmc10 said: They are scared of clowns... 😲😭🤓 Who Isn’t ? 5 1 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 7, 2018 Author Report Share Posted March 7, 2018 1 hour ago, DinarThug said: Law of the National Oil Company .. A new era for the development of the economy 07/3/2018 12:00 am BAGHDAD (Reuters) - The House of Representatives voted Monday on a draft law of the National Oil Company, which will contribute to the development of the Iraqi oil industry, which aims to establish an Iraqi national oil company and enable it to carry out its work in the best way possible. National wealth said the academic economist d. Majid al-Baydani said in an interview with Al-Sabah that "the approval of the law of the National Oil Company will be a new era for the oil industry in the country as it will encourage the adoption of advanced scientific and technological methods to manage the national wealth to support system" rel="">support the development of the economy." "This will be an important shift in the development of extracting, marketing, transportation, storage and sales to the point of delivery and other oil operations," he said. The largest company Al-Baydani said that "the Iraqi National Oil Company will be the second largest oil company in the world after Aramco and the largest of all international oil companies,which calls for the President to have a degree of experience and efficiency appropriate, commensurate with the powers of the company and capital." Article 2 of the law establishing the company consists of the capital of the company of (400) billion dinars paid by the government with the approval of the Council of Ministers and the company increase its capital on the proposal of its board of directors and approval of the Council of Ministers after the presentation of the feasibility study. As stated in Article 5 of it "The Iraqi National Oil Company invests all the oil and gas areas in all the territory of the Republic of Iraq and its territorial waters and continental shelf, and may share with others the approval of the Council of Ministers if it finds it better to achieve its purposes and has the right to borrow from inside or outside Iraq to finance its investments inside Iraq and outside. The development A member of the House of Representatives Hisham Suhail, in a press statement that "this law is very important to push the development of the energy sector in Iraq forward." In turn, said the oil expert Hamza Jeweler: "The duty of this new company to manage the operations of extractive industry, and this will allow the Ministry of Oil to devote to the task of drawing strategies and plans to develop the energy sector in Iraq." According to analysts, the move, which has been under way for years, revives a company originally established in the 1960s and then merged with the Oil Ministry in 1987. Four funds While the oil and energy parliamentary committee revealed the inclusion of the Iraqi National Oil Company A minimum of 10 percent is placed in four boxes with the first experience in the country, and one of the funds will give each Iraqi citizen residing within the country a share of that percentage. On the other hand, oil prices rose in global markets during trading on Tuesday, for the fifth session in a row, supported by strong expectations on the demand and the possibilities of informal communication, which seeks OPEC with oil producers rock. Demand growth The International Energy Agency (IEA) expects oil demand to grow over the next five years, with estimates that the United States will cover 80 percent of global demand, while the Organization of Petroleum Exporting Countries (OPEC) will grow at a slower pace. US oil production hit a new high in November after recording 10.057 million barrels per day (bpd), surpassing the record high of 10.044 million bpd in 1970. OPEC oil ministers met with rock producers in the United States in Houston on Monday on the sidelines of the "Serawick" conference. May delivery Brent crude for May delivery rose more than 0.2 percent to $ 65.70 a barrel, and US crude futures for April delivery rose 0.3 percent to $ 62.76 a barrel. US crude hit yesterday's biggest daily gain since February 14 link 3-7-2018 Newshound Guru G-Lin Article: "Law of the National Oil Company .. A new era for the development of the economy" This...art. tells us that "the Iraqi National Oil Company will be the second largest oil company in the world after Aramco and the largest of all international oil companies. Good stuff. How can Iraq continue to conduct business with a programed artificial devalued rate and operate as the 2nd largest oil co. in the world? Doesn't make sense at all to me. They also are beefing up their export industry and that is what we need to see. The tradable international rate will need to be in place IMO. 2 1 6 1 Quote Link to comment Share on other sites More sharing options...
Mxmann Posted March 7, 2018 Report Share Posted March 7, 2018 28 minutes ago, DinarThug said: 3-7-2018 Newshound Guru G-Lin Article: "Law of the National Oil Company .. A new era for the development of the economy" This...art. tells us that "the Iraqi National Oil Company will be the second largest oil company in the world after Aramco and the largest of all international oil companies. Good stuff. How can Iraq continue to conduct business with a programed artificial devalued rate and operate as the 2nd largest oil co. in the world? Doesn't make sense at all to me. They also are beefing up their export industry and that is what we need to see. The tradable international rate will need to be in place IMO. Does the law of national oil = HCL??? Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 7, 2018 Author Report Share Posted March 7, 2018 15 minutes ago, Mxmann said: Does the law of national oil = HCL??? It’s Part Of It ! (insert guru prediction date here) 1 1 2 Quote Link to comment Share on other sites More sharing options...
Mxmann Posted March 7, 2018 Report Share Posted March 7, 2018 I hope so! Been doing mathematical equations, n heres what I came up with! HCL + 140 = RV > 1.18:1 = 3 1 1 Quote Link to comment Share on other sites More sharing options...
soccercrazy Posted March 8, 2018 Report Share Posted March 8, 2018 In my country its 100 millions rupiah (about 7400 us dollar) or 10'000 us dollar if we bring dollar, over that we need to report the custom. 3 Quote Link to comment Share on other sites More sharing options...
climber7 Posted March 8, 2018 Report Share Posted March 8, 2018 Texas Granny--why won't you let him share it? Many of us have been waiting.... 2 minutes ago, secure1 said: well I tried to share but Tex granny removed it. I wrote a very lengthy explanation of my venture that took hours written in good faith to help anyone here but she removed it post haste in about thirty seconds and now will not reply to my request as to why. Bonkers 2 Quote Link to comment Share on other sites More sharing options...
climber7 Posted March 8, 2018 Report Share Posted March 8, 2018 2 minutes ago, secure1 said: I told her that This is not MLM. and it is not an investment and it says so. and I can prove it too PM me then plz Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 8, 2018 Author Report Share Posted March 8, 2018 2 minutes ago, secure1 said: I guess Tex granny shut your messaging down so I can not connect with you. I just tried. This is soooo wrong Both Members Have To Be VIP In Order To Access The PM System ! 5 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 8, 2018 Author Report Share Posted March 8, 2018 3-8-2018 Intel/Newshound Guru sandyf There is a fundamental difference between an "International currency" and an "Internationally recognised currency"... Article 8 would make the IQD an "Internationally recognised currency" which means that it would normally be exchanged at banks worldwide, it does not mean it can be normally used to make payment in international trade. When the IQD comes under Article 8, it will move from a non convertible currency to a partially convertible currency and international trade is normally conducted in a fully convertible currency, about 80 percent of which is in USD. For countries to trade in their own currencies it would normally require a bilateral agreement. 1 3 Quote Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted March 8, 2018 Report Share Posted March 8, 2018 "Partially convertible".... Drop the top, kids, we're goin' for a ride.... to the Wells Fargo ! SEE YA...! 5 1 Quote Link to comment Share on other sites More sharing options...
Texstorm Posted March 8, 2018 Report Share Posted March 8, 2018 Quote Wanted: Mercenary with pickup truck and chains to extract Iraqi ATM machines in the event of a non-RV compliance. 3 1 Quote Link to comment Share on other sites More sharing options...
Artitech Posted March 8, 2018 Report Share Posted March 8, 2018 On 3/7/2018 at 3:09 PM, King Bean said: I've given you all (the greenies) I've got, cap'n !! Ive been picking up some rubies too, from, I guess we have some demoRat subversives on this site! I hope that when we have an RV, They lose all their money!! 4 3 Quote Link to comment Share on other sites More sharing options...
Rmc10 Posted March 8, 2018 Report Share Posted March 8, 2018 2 hours ago, Artitech said: Ive been picking up some rubies too, from, I guess we have some demoRat subversives on this site! I hope that when we have an RV, They lose all their money!! They will probably give it all away. 1 3 Quote Link to comment Share on other sites More sharing options...
Shedagal Posted March 8, 2018 Report Share Posted March 8, 2018 7 minutes ago, Rmc10 said: They will probably give it all away. Nah, someone that mean spirited could not be a giver. It's not in their nature. Sad. 3 2 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 10, 2018 Author Report Share Posted March 10, 2018 3-9-2018 Newshound/Intel Guru BGG “Law of the National Oil Company .. A new era for the development of the economy” … In some strange way, the Kurds may have forced everyone’s hand on some sort of improvised HCL in the form of this “National Oil Company” Law. The Iraqis are famous for vagaries and a fluid sense of description. It is not uncommon for their terminology and phrasing to be constantly changing. Everyone imagined an HCL (agreement) Law would be something of a replacement for the current HCL in a “repeal and replace” sort of move. However, this may well be what they settle on after all. It seems to do, in principle, everything a new HCL agreement was meant to do. There seems to be a lot of internal excitement over it. 1 1 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 10, 2018 Author Report Share Posted March 10, 2018 3-9-2018 Newshound/Intel Guru BGG Further, getting this done could be a huge step towards getting Abadi re-elected. Think about the mentality of the voter who stands to share in oil revenues in the near future based on this move by Abadi. The Kurds thinking they would (or could) “dethrone” Abadi may also well be the best thing that could have happened to him. Barzani gave everyone the perfect scapegoat – what with him snubbing the WORLD and then getting outed as being all tangled up with Maliki and such. All of this just got everyone South of Erbil on the same page (more or less) and voting something like this through… and it’s happening almost OVERNITE, RIGHT UNDER EVERYONE’S NOSES. Imagine that – The Iraqi Parliament passing something like this without needing any Kurdish support. I say – miracle of all miracles… 2 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted March 10, 2018 Report Share Posted March 10, 2018 Thanks Thug, if we could just get this rolling. With the loss of international financing they are going to have to get funding from some where and this could be it. 2 Quote Link to comment Share on other sites More sharing options...
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