Mommyof3boys

Bickering Over Oil and Gas Law Hurts Foreign Investment 22/11/2011 02:03:00 By HAWAR ABDULRAZAQ ALI ERBIL, Iraqi Kurdistan -- Energy experts say that foreign investors are concerned about the bickering over Iraq’s oil and gas law and may be reluctant to invest in the country’s vast natural resources until legislation is passed. For years, Baghdad and the Kurdistan Region have disagreed on the details of Iraq’s oil and gas law including whether regions can strike deals for natural gas projects. The Kurdistan Region has its own investment law and the central government still works under laws from Saddam Hussein’s era. A new row between Baghdad and Erbil started last week following reports that the Kurdish authorities had signed a contract with the American oil giant ExxonMobil, which already has an existing contract with Baghdad. Jonathan Brown, Kurdistan’s project manager for the Canadian oil company Talisman Energy, which currently works in three different oil fields in Kurdistan, said the lack of clarity regarding Iraq’s oil and gas laws will hinder foreign investment in the region and Iraq. “It’s a big problem; any company that wants come to Kurdistan or Iraq, the first thing they talk about is the law issue,” he said. Todd F. Kozel, chairman and CEO of the British oil firm Gulf Keystone Petroleum Co., maintained that oil-related conflicts between Baghdad and Erbil will hurt the industry’s development but remains hopeful that the issues will be resolved. “Our company has invested millions of dollars in its projects in the Kurdistan region and I believe that KRG and central government will solve the issue, or we would not have invested a lot of money in the region,” he said. There were reports late last month that Iraqi Prime Minster Nuri al-Maliki and Kurdistan Regional Government (KRG) Prime Minster Barham Salih agreed to amend Iraq’s 2007 oil and gas law by December 31. That law was approved by most of Iraq’s political factions. In August, Kurdish officials were upset when Iraq’s cabinet hastily passed a new draft of Iraq’s oil and gas law without consulting the Kurds. A previous draft of the law had sat in Parliament since 2007. Kurdish leaders accused Iraq’s prime minister of becoming authoritarian and creating an “economic dictatorship.” Natt Arian, a Kurdish investor based in Australia, believes that foreign investors have the right to be concerned about Iraq’s oil and gas law because it needs to protect their business. Arian also said the KRG should do more to attract foreign investment. “Kurdistan should do more to expose the region to foreigners and give them more information about the situation,” he said. “For example, Australians haven’t got a lot of information about Kurdistan.” http://www.rudaw.net/english/kurds/4166.html

1)First I think I will be on my knees giving thanks for a blessing that I feel honored to be part of 2)My goal is to pay off all of my bills (especially the house) 3)Tithe to my church 4)put money aside for my boys (college, money to help them start out on the right foot....etc) 5)take a long needed vacation (to anywhere! ) 6)I have a list of people and charities that I would like to help over time. I want to stay VIP so that I do NOT end up with the Lottery mindset. Win big and a couple years later, bankrupt and worse than when you started. Do wish I were in a better position the last few years to purchase more but I think I will do just fine with what I have Soooooo, Go Rv and soon would be great!

My thoughts exactly!!!!

Thank you for the post NBC I really do think that something is happening, we just aren't "in the know" yet And I would love the rate~

Trying to cut out sugar years ago from our diet due to diabetes we switched to Splenda. Love it, used it for years but now everyone is starting to say to stop using it, that it is bad and will turn to formaldehyde in your body.... Really dont know if that is true but sounds like Regular old sugar in moderation is just the safest I guess....

I think I like 11/22/11 .....or today.... or maybe tomorrow.... Ok, seriously I think I will just be happy if it happens soon! .

I really like your conclusion Not so sure I understood how you got there, but I will take it!! LOL. I was really was hoping to wake up to some great news..... but there is always tomorrow! Ok, we will say it again.... Come On RV!!!!! God Bless

I hope that her body can handle another full term pregnancy. Here last one was born so early because of complications... I cant imagine having so many! But they have it pretty much figured out I wish them the best!

Yes, please! Tomorrow would work just fine for me

Quiet,it is good to see you Try to hang in there, there are many here who are going to continue to pray with you. Thanks for the post. Boy, I am hoping that this happens before the end of the year...

Very good post ....

Sounds like a wonderful date I am ready!!!

Agree!! Hope they are thinking the same thing

I think I have gotten them all, I just get them later than others.... so this makes sense Thanks for the post Granny!!!

I gotta say, I really like this new format for the weekly chat Thanks for posting for all who couldnt be on this morning~ And thanks to Adam

Assailant suffers injuries from 'fall' May 20, 2011 AUGUSTA, GA - Orville Smith, a store manager for Best Buy in Augusta, Ga. told police he observed a customer, later identified as Tyrone Jackson of Augusta, on surveillance cameras putting a laptop computer under his jacket. When confronted the man became irate, knocked down an employee, drew a knife and ran for the door. Outside on the sidewalk were four Marines collecting toys for the Toys for Tots program. Smith said the Marines stopped the man, but he stabbed one of them, Cpt. Phillip Duggan, in the back; the injury did not appear to be severe. After police and an ambulance arrived at the scene, Cpt. Duggan was taken for treatment. "The subject was also transported to the local hospital with two broken arms, a broken ankle, a broken leg, several missing teeth, possible broken ribs, multiple contusions, assorted lacerations, a broken nose and a broken jaw ..... injuries he sustained when he slipped and fell off the curb after stabbing the Marine," according to a police report.

I will take that date! It is my 21st wedding anniversary Happy Happy Birthday! I hope you get your wish!!!!! But hey, the 12th will work too.... that is my hubby's birthday!~ November is a great month LOL

Love Bank stories

I am going to Utah this weekend! Not as far as Salt Lake, but if true .... Heck yes I will just keep on driving Hoping for an RV soon !!!!

From your email the statement "But I am hearing a lot of persuasive talk from some very smart people that makes me think I could be very wrong, and we'll see that very soon." Has my head spinning There are so many saying "this week", which has been the popular statement for years I know, but when YOU say very soon what are your feelings time wise? Are you still leaning towards Thanksgiving or maybe New years or just a feeling that it is closer than it ever has been? Thank you for your information and updates.

There have been many times I have tried to imagine what changes will come in my life over the next few days, months, years.... Wondered about the possibilities for the amount of cash in. I get so excited (cant help it LOL) when some have stated high numbers and a little let down ( I know sounds a little silly) when I hear low numbers like Adams 10 cents. I gotta tell you, this new email from Adam got me all excited again! I know that it is not what he said but I would really like the 1 to 1 or so! Oh, and I am VIP but I didn't get the last email (about signing up) so thanks for posting it! Lets all hope for RV Soon....!!!!

Congratulations! That is wonderful Will lift you all up in prayer!

Thats awesome LOL! This thread is already at 6 pages!! +1's as far as I could go LOL.....

What a great Idea! Guess I really need to come on a little more often, I miss all the fun! Please RV, any day now would be great!!!!! (my fingers and toes are crossed for at least a 1 to 1 though LOL) My house is full of USC fans :woot: ( My husband says he would rather watch college ball than professional ball because they have more heart ... even though NFL is still all over my tv LOL,) Here is your big "FIGHT ON!

So glad to hear that you are on the mend