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Parliamentary Energy intends to review the oil agreement between Baghdad and Erbil


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"Of Course Here Comes The Articles Tapping The Brakes A Little Bit ! :o

Hopefully It's Just Some Fine Tuning So That They Get It Right !! ;)

With The New Sheriff Trump Being Inaugerated This Week

And The Start Of The Offensive On The Other Half Of Mosul

There's A Sudden New Sense Of Forward Momentum Here ! B)"

 

Agreed!  Right before the RV, you will see a mountain of negative news about Iraq and then....BOOM!   RV!!!

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1 hour ago, DinarThug said:

" The draft law was sent to the General Secretariat of the Council of Ministers with a view to discussion and approval and then carried over to the House legislation." 

Yota, DinarThug, Excellent Article,  DV, All parties know it is time to settle this Oil & Gas Law so the entire industry can be regulated and of course the Iraqi citizens can get their fair share of the wealth that they rightfully deserve  according to the Constitution .  This issue has been brought up more in the last 3 months than any other "Law" and you best believe it is about to come to fruition in the very near term IMHO.   Forward progress is in motion DV!!

Always Keeping the faith!!

GO RV!!

Edited by tigergorzow
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14 minutes ago, drj said:

"Of Course Here Comes The Articles Tapping The Brakes A Little Bit ! :o

Hopefully It's Just Some Fine Tuning So That They Get It Right !! ;)

With The New Sheriff Trump Being Inaugerated This Week

And The Start Of The Offensive On The Other Half Of Mosul

There's A Sudden New Sense Of Forward Momentum Here ! B)"

 

Agreed!  Right before the RV, you will see a mountain of negative news about Iraq and then....BOOM!   RV!!!

You scared me with the BOOM, then I read on. I think we have all agree'd its «ALL OF A SUDDEN» kidding..

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1 hour ago, DinarThug said:

Said Iraqi Oil Minister, Ali Jabbar Hussein Allaibi, Legal 'snational oil company and the completion of the national gas company by the relevant departments in the ministry, and sent to the Cabinet Secretariat. 

DV,  It looks like possibly both draft laws have been sent based on the article and we know they have been working diligently behind the scene since the clock is not on their side anymore......Tick Tock Tick Tock...:D  National Oil Company Law, Oil & Gas Law will ignite the fuse in a "Big Way"

Always keeping the faith!!

GO RV!!

Edited by tigergorzow
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Jeepguy- I noticed increases throughout most of the state that started about 2,-3 weeks ago that were in the 20-30 cent range. It was a very quick and unexpected increase. I personally don't mind the increase, temporary or not, so long as it's iassociated with a rate change for the Dinar. I thought the adjustment at the pump quite timely based on some recent articles posted in the news section on the best Dinar site on the net!

 

 

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11 hours ago, yota691 said:

Allaibi: the completion of a legal state oil and gas Aloutnettin and sent to government

economy

 Since 18/01/2017 14:23 pm (Baghdad time)

54.jpg

Baghdad balances News

The Minister of Oil Jabar Luaibi, Wednesday, for the completion of a legal draft of the two oil and gas Aloutnettin and sent to the General Secretariat of the Council of Ministers.

Allaibi said in a statement received / balances News / copy of it, "it was a legal national oil company and the completion of the national gas company by the relevant departments in the ministry."

He added that "the draft law was sent to the General Secretariat of the Council of Ministers with a view to discussion and approval and then carried over to the House of Representatives to Thariahma," noting that "the aim of preparing the bills is to seek and work to optimize the investment of national wealth of oil and gas and the development of the industry and to achieve the advancement of reality economic of the country. "

He Allaibi, that "the national gas company law to ensure the development of investment facilities and gas production facilities and petrochemical industry and related industries gas fields, as well as greater coordination between the rings production and consumption of natural gas and the development of workers in this sector efficiency."

For his part, confirmed Undersecretary for gas Hamid Younis, according to the statement, that "the adoption of a law the national gas company would design and organize gas investment policy in the country and lead the implementation of projects and operation of the facilities according to international standards programs."

He said Younis, that "the studies and plans indicate = Iraq possesses huge potential can reach rates (5000) Mqmq (million cubic feet a record day), and the concomitant production of massive amounts of condensate and dry gas, liquid, and other components, and what makes it in the ranks leading the best investment for the gas states ".anthy 29 / a 43

The Minister of Oil looks stunned that this is happening.  :bravo:

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1 hour ago, ChuckFinley said:

The Minister of Oil looks stunned that this is happening.  :bravo:

Nah that is how one looks when they don't want a picture taken of them when they get to the age of Moses.

Sit back and relax looks like we are going to be here awhile. When is the next holiday creepin up?

Payments will go out electronically to those who have an electronic card. This will cause more ATMs to be installed creating jobs and businesses. Also Daesh stole a bunch of electronic cards, so we will see how they fare with that.

Edited by Theseus
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What i find interesting is that they first state that the laws were sent to the general secretariat of the council of ministers for reading and approval, and then its sent to the house. Now the house (chawki) is saying that they are having to resend the draft because of gaps. Well did the house get it or not? I found that statement quite strange. The way it goes is the council of ministers produces the draft law, sends it to the general secretariat who over looks the law along with the shura council, then if approved by them it then goes to the house for 2 readings and then a vote. So how can the house say it has gaps if they havent received it yet. What i found absolutely phenomenal is that they are going to have an oil law, a gas law, a national oil company, and a national gas company law also. This was a brilliant idea so that one law does not bog down everything. I didnt even see where the council of ministers had said they finished the draft laws. Very sneaky.. ;)

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5 minutes ago, Theseus said:

Nah that is how one looks when they don't want a picture taken of them when they get to the age of Moses.

Sit back and relax looks like we are going to be here awhile. When is the next holiday creepin up?

Payments will go out electronically to those who have an electronic card. This will cause more ATMs to be installed creating jobs and businesses. Also Daesh stole a bunch of electronic cards, so we will see how they fare with that.

I guess they should have looked to see if he blinked.  :lol:

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2 minutes ago, mylilpony said:

What i find interesting is that they first state that the laws were sent to the general secretariat of the council of ministers for reading and approval, and then its sent to the house. Now the house (chawki) is saying that they are having to resend the draft because of gaps. Well did the house get it or not? I found that statement quite strange. The way it goes is the council of ministers produces the draft law, sends it to the general secretariat who over looks the law along with the shura council, then if approved by them it then goes to the house for 2 readings and then a vote. So how can the house say it has gaps if they havent received it yet. What i found absolutely phenomenal is that they are going to have an oil law, a gas law, a national oil company, and a national gas company law also. This was a brilliant idea so that one law does not bog down everything. I didnt even see where the council of ministers had said they finished the draft laws. Very sneaky.. ;)

mylilpony, Good observation and yes it seems they are working behind the scene as well as having "Secret" meetings to cover all angles in regards to Oil & Gas .  Yes folks they are definitely making progress right under our eyes & noses.

GO RV!!

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19312.jpg?width=400&height=300&crop=auto&watermark=wmada1,wmada2

The Ministry of Oil agrees to the appointment of graduates of institutes in the oil firms


 

Author: AB 
Editor: AB 
18.01.2017 14:16 
Number of Views: 2214


 

Long-Presse / Baghdad

The Oil Ministry announced on Wednesday the completion of a legal draft of the two oil and gas Aloutnettin and sent to the General Secretariat of the Council of Ministers, while showed that they aimed to "best investment" of national wealth and development of these associated industries for the advancement of the national economy, he stressed that the available indicators point to owning Iraq "enormous potential" of gas to make it in the ranks of leading investment countries.

Minister of Oil, Jabbar Ali Hussein Allaibi said, in a statement received (range Press) copy of it, "the ministry sent a legal two companies Aloutnettin of Taft and gas draft to the General Secretariat of the Council of Ministers for discussion and its approval before send them to the House of Representatives to Thariahma," noting that "the two projects aimed at seek and work to the best investment of the national wealth of oil and gas and the development of the industry in order to achieve the advancement of the economic reality of the country. "

The minister added that "the draft law of the national gas company to ensure gas development and production investment properties, facilities and petrochemical industry and related industries the areas of gas, as well as greater coordination between the loops of natural gas production and consumption, and the development of workers in this sector efficiency."

For his part, Undersecretary for gas, Hamid Younis, said that "the adoption of the national gas company law that would draw and regulate gas investment policy in the country and lead the implementation of projects and operation of the facilities according to international standards programs," adding that "the studies and plans indicate that Iraq has the potential enormous can be up to five thousand million cubic feet per day record rates (Mqmq), and the concomitant production of massive amounts of condensate and dry gas and liquid and other components, making it the leader in the ranks of the best investment for the gas states. "

The National Alliance, counting in (24 December, the last in 2016), that the political climate has become "appropriate" to pass laws "troubled and mission," including oil and gas law, while the Oil and Energy Committee in the House of Representatives considered that the project passed requires a prior agreement between Baghdad and Erbil , it revealed the government to withdraw two proposals to the law of the parliament in order to provide a new formulation for them.

Article 112 of the Iraqi Constitution, that the federal government's oil and gas extracted from current fields in cooperation with the governments of producing regions and provinces, that distributes and imports in a manner compatible with the demographical distribution all over the country, with a quota specified period for the damaged regions that were deprived in an unfair way by the former regime, which were damaged after that, to ensure balanced development in different parts of the country, and is regulated by law.

The Commission on oil and energy parliamentary, have been revealed in (the 22 of November last in 2016), all efforts to pass a draft oil and gas law, as amended, accusing some of blocs and political parties to derail approval for "incompatible with the interests", while the speaker of parliament adviser counting the amended "It has become inevitable," he stressed the Kurdistan Alliance proposals received the "admissibility" of the National Alliance on the project.

The Iraqi government announced, in (28 August 2011), on the ratification of the draft oil and gas law, and decided to submit them to Parliament for approval, while Deputy Prime Minister for Energy Office, Hussein al-Shahristani, (then), on the second of July 2011, the government has introduced "some amendments" to the draft oil law, which is long overdue and reviewed by the Committee on energy Council of Ministers.

The Oil and Gas Law of the contentious issues between Baghdad and Erbil, and that led to the disabled along the past years.

 

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History of edits:: 01/18/2017 15:08 • 205 visits readable
Oil Minister: the completion of two drafts of oil and gas law and sent to the secretariat of the Council of Ministers
[Where - Baghdad] 
Oil Minister Ali Jabbar Hussein Allaibi announced a legal national oil company and the national gas company before the completion of the relevant departments in the ministry.
Allaibi said in a statement received by all of Iraq [where] a copy of " The draft law has been sent to the General Secretariat of the Council of Ministers with a view to discussion and approval and then carried over to the House legislation." 
" The aim of the preparation of draft laws above is to strive and work to optimize the investment of national wealth of oil and gas and the development of the industry and to achieve the advancement of the economic reality of the country." 
He said the oil minister that " the national gas company law to ensure the development of investment facilities and gas production facilities and petrochemical industry and related industries gas fields as well as greater coordination between the rings production and consumption of natural gas and the development of workers in this sector efficiency." 
For his part, Undersecretary for gas that " the adoption of the law of the national gas company would design and organize gas investment policy in the country and lead the implementation of projects and operation of the facilities according to international standards programs, as the studies and plans indicate that Iraq possesses huge potential can be up to 5000 rates of Mqmq [million standard cubic feet per day] and the concomitant production of massive amounts of condensate and dry gas, liquid , and other components and what makes Iraq in the ranks of leading investment optimization gas states. "
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Oil Minister: the completion of a legal oil and gas drafts and sent to the Cabinet Secretariat

6495.jpg?watermark=4
 
 

 

Oil Minister Ali Jabbar Hussein Allaibi announced a legal national oil company and the national gas company before the completion of therelevant departments in the ministry. 

Allaibi said in a statement that " the draft law has been sent to the General Secretariat of the Council of Ministers with a view to discussion and approval and then carried over to the House legislation." 

" The aim of the preparation of draft laws above is to strive and work to optimize the investment of national wealth of oil and gas and thedevelopment of the industry and to achieve the advancement of the economic reality of the country." 

He said the oil minister that " the national gas company law to ensure the development of investment facilities and gas production facilities and petrochemical industry and related industries gas fields as well as greater coordination between the rings production and consumption of natural gas and the development of workers in this sector efficiency." 

For his part, Undersecretary for gas that " the adoption of the law of the national gas company would design and organize gas investment policy in the country and lead the implementation of projects and operation of the facilities according to international standards programs, as the studies and plans indicate that Iraq possesses huge potential can be up to 5000 rates of Mqmq [million standard cubic feet per day] and the concomitant production of massive amounts of condensate and dry gas, liquid , and other components and what makes Iraq in the ranks of leading investment optimization gas states. "

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January 18, 2017 | 19:46   -   Number of readings: 143 Show
 
Oil: Send a legal oil and gas drafts to the "cabinet" to discuss Vaqrathma



Network Iraqi position
 

The Oil Ministry announced on Wednesday, sending two draft law of oil and gas to the Presidency of the Council of Ministers to discuss Vaqrathma.

 

The minister "Jabbar and coffee," said in a statement that "the Iraqi situation," received a copy of "The ministry has completed a legal draft two oil and gas Aloutnettin and sent to the General Secretariat of the Council of Ministers with a view to discussing them and deported after admitting to Parliament."

 

He added that "the two laws mentioned aim to invest national wealth of oil and gas and the development of the industry and to achieve the advancement of the economic reality of the country," noting that "the laws contain the development of investment facilities and gas production facilities and petrochemical industry, as well as greater coordination between the rings production and consumption of natural gas and the development of working efficiency this sector. "

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Well the oil and gas law does not have much further to go. Hopefully

they get this through to parliament and then into the Gazette expeditiously!  :praying:

I was tired of seeing soon the other four letter word, so I used a big word. :D

Good morning Yota, DV

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  • yota691 changed the title to Parliamentary Energy intends to review the oil agreement between Baghdad and Erbil
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