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  1. Happy Friday all! I'm just going to give everyone a brief... briefing. You know anytime the Gurus start harping on the "800" numbers, the news is slow. This time is no different... we've heard nada about anything HCL related in about a week. Bad news - we haven't heard anything HCL related. Good news - once we DO hear something about HCL, I think it's going to be an avalanche. That's it for the briefing! Told you it was going to be brief Good vibes over in the "Go Iraq" thread - I'd suggest hanging out wi
  2. ERBIL — Kurdistan Region Prime Minister Nechirvan Barzani met on Thursday with his Iraqi counterpart Adil Abdul-Mahdi in Baghdad. The two premiers reportedly discussed bilateral ties and ways to resolve the remaining disputes between Erbil and Baghdad. This is the first visit to Baghdad by PM Barzani since the approval of Iraq’s 2019 budget bill which secured the salaries for Peshmerga and public servants of Kurdistan Region. No officials statements have yet been made. Link: http://www.basnews.com/index.php/en/news/kurdistan/499761 "First visit... since t
  3. Link: https://www.rudaw.net/english/analysis/090720191 Oil and gas laws: a crux of Erbil-Baghdad tension By Omar Moradi yesterday at 11:14 Iraqi forces drive past an oil production plant as they head towards the city of Kirkuk on October 16, 2017. Photo: Ahmad al-Rubaye | AFP The lack of oil and gas federal legislation has been the root cause of problems between Erbil and Baghdad since the Iraqi constitution was approved in 2005. Now there is a government in Baghdad that has shown its desire to resolve these problems through
  4. Kurdistan Oil and gas disputes with Baghdad to be addressed once new KRG cabinet formed Sangar Ali | 8 hours ago Share share An oil field in Nasiriya, in southern Iraq. (Photo: Reuters/Atef Hassan) Kurdistan Iraq Erbil Baghdad Oil Gas A+AA- ERBIL (Kurdistan 24) – A delegatiom from the Kurdistan Regional Government (KRG) will visit Baghdad to discuss disputes over Iraqi oil once the new Kurdish government is formed, a member of parliament in the Iraqi capital said on Wednesday. Oil and gas shares and distributio
  5. I know, it's not Wednesday... Hey everyone! I mentioned recently that the "Weekly Updates" may be switching days - I expected the news to start getting busy, and that is now official! I haven’t picked a specific day yet, and I may not need to. The weekly updates won't be necessary once we have an RV, and the stars are lining up very nicely right now. Fingers crossed on that one. I’ll explain why below, and you might want to strap in for this one! First, the budget was submitted, signed, and looks like it will be passed
  6. Can anyone explain to me why must they pass the HCL law before there can be a revaluation of the dinar? What is the connection? It certainly doesn’t look like the GOI will ever agree on this or even bring it up for a vote. They keep pushing it off to the “next session” year after year... Is it at all possible that we can ever see an RV without the HCL law passing?
  7. Luigi found this article of Dinarian interests... The commentators explain why Iraqis are more concerned about HCL than the rate change. This should help clear up some of the confusion between the HCL & the RV. The rate change will benefit those Iraqis out of country the most. HCL will affect those in country with a pay check every month from oil revenue sales. The rate change will only change the purchasing power of Iraqis in country. 16/8/2018 KTFA... God Lover: Quick question or two. We had read that the citizens will start receiv
  8. New Kirkuk governor will be decided soon: PUK By Rudaw 23 hours ago Khalid Shwani’s name has been floated as a possible candidate for the post of Kirkuk governor. File photo: Rudaw ERBIL, Kurdistan – A new candidate for the post of Kirkuk governor has been floated by the Patriotic Union of Kurdistan (PUK) as the province remains in political limbo and objections were raised about the PUK’s first nominee. The PUK and KDP expect to reach an agreement on the candidate soon. “The position of Kirkuk’s governor is for the Kurds and it’s the
  9. Luigi says... Guru claims HCL is done & Iraqis have been paid. Iraq is out of C7...that means RV? Not varified. Your opine. Go RV. 5 Dec 2017 Bruce... They have completed everything they needed to be complete. When they got admitted into the World Trade Organization, when the United Nations released them from Chapter 7 and put them into Chapter 8 all these things. When the ISX opened last week sometime, all these things are signs Iraq’s sovereignty is there. I just think that the fact we don’t see their new rate right now doesn’t mean it doesn’t exis
  10. http://www.newsweek.com/isiss-looming-defeat-mosul-puts-iraqi-politics-crossroad-623217 Mosul will be liberated. Will the Oil Law come before or after Tal Afar? I'm thinking the entire North of Iraq needs liberated with quick political stability through the Oil Law to prevent a civil war from beginning. Does anyone know how strong IS is in Tal Afar? Is this another possible Fallujah?
  11. Parliamentary Legal: For these reasons are not the inclusion of important laws to vote April 13, 2017 BAGHDAD / .. Parliamentary Legal Committee revealed, on Thursday, for the reasons that prevent the inclusion of important laws to vote, as showed that the political blocs do not have the conviction to this moment to pass those laws. The committee member said Amin Bakr's "Eye of Iraq News," that "the Presidency of the Parliament is afraid of important laws that the political dispute the inclusion of fear of dropping the law to vote, and this pays the return of law and read it ag
  12. Call block calls to speed up the important laws of legislation before the end of the parliamentary session April 7, 2017 demanded that the Islamic Dawa bloc Presidency of the Council of Representatives and the parliamentary committees concerned to expedite the completion of the special legislation of a number of important laws , procedures before the completion of the current parliamentary session. According to a statement of the block received by all of Iraq [where] a copy of it, confirmed it that "Oil and Gas Development Board and the Council of Federal Service and the law of t
  13. Urgent Abadi meet with the heads of Kurdish blocs evening History of edits:: 03.06.2016 20:30 • 73 visits readable [Oan- Baghdad] said a source familiar with the heads of Kurdish blocs in parliament , will meet with Prime Minister Haider al -Abadi on Sunday evening. The source told all of Iraq [where] that "the meeting will be held at 10 pm today and is likely to discuss the relationship between Baghdad and Erbil, the outstanding issues between them."
  14. Here's a few encouraging stories. May the elusive RV/RI be close at hand. 2-1-2016 Newshound Guru tlm724 Article quotes: "Oil Minister Adel Abdul Mahdi, in his speech at the forum that there is a national agreement on the importance of re-establishing national oil company, according to a deliberate steps legally and economically to return to the normal situation for the oil sector...and that is every citizen shares in this company...and the law of oil and gas that will be passed" thats very encouraging...in line with what came in the Iraqi constitution, the people are going to get th
  15. This is a brief synopsis as to why Iraq can't put the HCL in the Budget right now. This is more a high level overview as to the reasons and a brief to as what the draft will consist of. One would surmise all the Iraqi parliament has to do is include a paragraph in the draft of the budget, get it read and published in the gazette and voila! Immediate RV! It’s not that simple. Here is why. First, the current setup that Iraq has for their oil revenue dates back to the 1950’s. Little of this has been changed. This setup is not designed to distribute and assign privileges to the citizens o
  16. Parliament added 16 articles of the budget and the share of Kurdistan, "make their" state of law row Author: HH Editor: BK, HH 12/17/2015 10:58 Number of Views: 388 Long-Presse / Baghdad Parliament approved by an absolute majority, on Wednesday, the draft federal budget law for next year 2016, which amounted to 105 trillion dinars and a deficit up to 24 trillion dinars, the adoption of the price of a barrel of oil to 45 dollars. The session witnessed verbal altercations between the Kurdistan Alliance and a coalition of state law, which objected to the share of the Kur
  17. Luigi says... HCL was implimented for a while then re-shelved. We know HCL monies were sent to the Kurds to pasify them. It looks like Baghdad is now ready to re-start the oil revenue sharing. Does this mean the RV/RI is imminent? No. The oil sharing can still be paid out at the old rate or the new. IMO...This is one step closer to economic reform & the RV. For now...Treat as a rumor. Article VARIFIED. Your OPINE. 1 Nov 2015 from an article in Iraq Business News... Iraq’s Minister of Finance Hoshiyar Zebari told the Reuters news agency on Wednesday that RESTARTING the oi
  18. Kurdish leader: the solution in Baghdad 10/26/2015 0:00 Sulaimaniyah - the morning caused severe oil dispute between the federal government and the KRG severe economic crisis in the region who refuses to abide by previous agreements that provided for the establishment of SOMO marketing of the oil produced in its territory in exchange for the quota in the budget, amounting to 17 percent. The breach or non-compliance with the agreements oil caused Aguetsaah crisis suffocating and reached its peak in recent months to declare Government of the Territory of their inability
  19. Parliamentary Energy proposes new legislation for oil and gas 12:26: 10/10/2015 Khandan - announced for the Oil and Energy Committee in the Iraqi Council of Representatives, said that there is a tendency for the Commission to move to draft a new proposal for the oil and gas law in case the federal government delayed sending a draft oil and gas law, which decided to withdraw it from the House of Representatives.The committee member said Zaher al-Abadi, that "the Commission will proceed to formulate a proposed new law on oil and gas in the case of the federal government delayed sending the
  20. Abdul-Mahdi: The reluctance of the agreement with Kurdistan Region us a significant gap with serious repercussions Wednesday, 30 September 2015 10:41 Shafaq News / The Iraqi Minister of Oil , Adel Abdul-Mahdi, described the reluctance of the oil agreement between Kurdistan Regional Government and the oil agreement as "a big gap" that have serious repercussions on the economy in the country. Abdul-Mahdi wrote on the social networking pages that "We have reached an agreement with Kurdistan that has became a part of the budget bill, the region received 17% of the actual expenses after deduc
  21. Financial Kurdistan announce the arrival of the amount of 490 billion dinars to the region Monday, March 23 / March 2015 17:43 [Follow-up where] Ministry of Finance announced in the Kurdistan region on Monday, the arrival of the amount of 490 billion dinars to the treasury ministry of Baghdad. According to media website of the Patriotic Union of Kurdistan spokesman for the Ministry of Finance in the province of Kurdistan Ahmed Abdul Rahman as saying that "the amount of 490 billion dinars arrived today, to Arbil as part of the share of the Kurdistan region of the financial budget." He said,
  22. Sorry if this has been posted already. After all these years i still have trouble with the search function here at DV Kurdistan alliance: New talks between Baghdad and Erbil to settle oil disputes Sunday, 01 March 2015 13:46 Shafaq News / Kurdistan Alliance revealed on Sunday, a new round of talks that will resume between Kurdistan Regional Government and the federal government to settle disagreement relating to oil. A member of the bloc, Kaweh Mohammad told “Shafaq News", that "The talks between the federal governments and Kurdistan Regional Government will soon resume in ord
  23. Kurdish delegation Arrives in Baghdad to discuss outstanding issues between the center and the region BAGHDAD - Iraq Press - February 15: informed source in the capital Baghdad, on Sunday, the arrival of the President of the Kurdistan Regional Government, Barzani, and his accompanying delegation to discuss the outstanding issues between the center and the region. "The delegation will discuss the oil agreement between Baghdad and Erbil; to refute rumors that claims that Baghdad and the region is committed to oil Convention", adding that "the oil agreement between the federal government
  24. Erbil-Baghdad Agreement approved in 2015 budget The Head of Kurdistan Regional Government Council of Minister, Amanj Raheem, said that Erbil-Baghdad Agreement has gone through legal procedure since it has been approved by Iraqi Council of Ministers. The Head of Kurdistan Regional Government Council of Minister, Amanj Raheem, said that Erbil?Baghdad Agreement has gone through legal procedure since it has been approved by Iraqi Council of Ministers. Later this week, the Iraqi Parliament approved the Kurdistan Region's 17 percent share of the 2015 general budget in a session. The Parliamen
  25. http://www.reuters.com/article/2014/12/02/markets-oil-idUSL3N0TM1LC20141202 * Iraqis makes deal with Kurds to export oil * CME hikes margin requirement for crude traders by almost 16 pct * Stronger dollar weighs on oil prices (Recasts and updates with market extending declines; changes byline and dateline, previous LONDON) By Barani Krishnan NEW YORK, Dec 2 (Reuters) - Oil prices resumed their slide on Tuesday after a deal that will add more Iraqi crude to the oversupplied markets, higher margin requirements to trade U.S. crude and a stronger dollar whipsawed oil markets a day
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