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


SocalDinar
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Thanks Yota/DT....Basically now that the Federal Court is overseeing this process....The condition agreed upon within the HCA will be the determining conditions to go forward on...Allowing the Federal Courts to make rulings on questionable delays that have held up the HCA becoming the HCL for nothing short of greed...    

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Wednesday January 18 2017 14:05
 
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Alsumaria News / Baghdad
's Oil Ministry announced, Wednesday, for the completed draft oil and gas law and send it to the Secretariat of the Council of Ministers, noting that the goal is to strive and work to optimize the investment of national wealth of oil and gas. 

The oil minister said Jabar Ali , while Allaibi " The ministry has completed a draft oil and gas law, in addition to a legal national oil company and national gas company by the relevant departments in the ministry and sent the General Secretariat of the Council of Ministers, in order to discussion and approval and then carried over to the House of Representatives to Thariahma."

 

 
 


Allaibi He explained 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 the economic reality of the country." 

Allaibi pointed out 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 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 , " explaining that " the studies and plans indicate possession of Iraq 's huge potential can rates of up to (5000) 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 it in the ranks of leading investment optimization gas states. " 

It is noteworthy that the Oil Ministry has called, in the 17th of December , 2014, to accelerate the legislation of the oil and gas law, to regulate the relationship between the governments in Baghdad and Erbil , and to ensure the distribution of oil imports to the provinces produced nearly guarantee their rights, while provincial council new Basra claim involving conservative file oil contracts to ensure financial and administrative entitlements.

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5 minutes ago, yota691 said:

The ministry has completed a draft oil and gas law,

this is good  it is  on paper ,

 

5 minutes ago, yota691 said:

the ministry and sent the General Secretariat of the Council of Ministers, in order to discussion

this is the bill killer !  { it goes right along fine , looks great on paper , looks great in the invention of things good , and  all of a sudden  B A M   they talk it too death , and  send it back too the paper shredder  <_< 

Edited by jeepguy
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Just now, gregp said:

Two items IMO holding up the RV.

1. Oil & Gas

2. Mosul

Or we would have seen a new rate. 

that  could be true ,    if they do ever get the gas and oil  law passed and going ,  { now it is Iraq  mind ya ! }   I am going to have too say ,  they will need the  bank accounts  of all  participants of the law , { those who will receive money }  getting  full of  money , or at least , getting paid ,  { I wonder if they will let it go for ,  2 or 3  pay periods ?  or will this be a once a year deposit ..  let  the payment roll out for 1 or 2 payments , get the people use to spending  money getting the markets rolling along } ...  I will bet they will have heavy over sight on this law , getting rid of the corrupt  , who have  hands in the money numbers ,  { those who can skim numbers off accounts  in little increments , that are not easy too notice } ...  if this time stamp is correct ,   today ,  then it is  the 18th of the first month of new year ,  <------  rolling  right along ,  and  fast ...   1st quarter of the year , would  be real  nice  too see our bank accounts getting  fluffy  from  currency values ;)    good post  yota  buddy !

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Economy News / Baghdad ...
 
 
 
The Oil Ministry announced, Wednesday, for the completed draft oil and gas law and send it to the Secretariat of the Council of Ministers, noting that the goal is to strive and work to optimize the investment of national wealth of oil and gas.
 
The oil minister said Jabar Ali, while Allaibi "The ministry has completed a draft oil and gas law, in addition to a legal national oil company and national gas company by the relevant departments in the ministry and sent the General Secretariat of the Council of Ministers, in order to discussion and approval and then carried over to the House of Representatives to Thariahma."
 
Allaibi He explained 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 the economic reality of the country."
 
Allaibi pointed out 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 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," explaining that "the studies and plans indicate that Iraq possesses huge potential can rates of up to (5000) 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 it in the ranks of leading investment optimization gas states. "
 
 
 
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Views 31   Date Added 18/01/2017 - 14:27   Last updated 18/01/2017 - 13:57   No. Content 6499
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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)

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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

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18 minutes ago, jeepguy said:

:o  dry gas ? 

Drygas is an alcohol-based additive used in automobiles to prevent any water in the fuel from freezing, or to restore combustive power to gasoline spoiled by water. The name Drygas is actually a registered trademarked brand name, owned by Cristy Corporation. It is a liquid that is added into the fuel tank, that absorbs the water and keeps it in solution.[citation needed] Some brands contain methanol and some contain isopropyl alcohol.[1]

Some states require a 10-15% ethanol solution be sold at refueling stations.[citation needed] Most current gasoline-powered automobiles can safely run up to a 10% ethanol solution without any modification. However, at 15% or above older vehicles may require replacing the fuel lines to prevent degradation and rupture, and the electric fuel pump may need modification to prevent ethanol "dry rot". The belief that dry gas is not needed because of the significant amount of ethanol is largely true because ethanol is a drying agent. Due to this fact it has an affinity for water which can be present in the atmosphere, but since environmental concerns have caused fuel systems to be closed, it works effectively on the moisture inside the tank which was already present. The water that has been "absorbed" then reduces issues with freezing fuel lines. The action of adding dry gas (anhydrous methanol or azeotropic iso-propyl alcohol) is suggested to mix with absorbed water lowering the freezing point of the now water and alcohol solution, lower than it would mixed with ethanol, allowing the fuel lines to better resist freezing, while non-frozen water will be removed when either solution is used by the engine.    {  wait  a  second , you mean rubbing alcohol ?  :o...  

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First

EVEN WITH THE $31 BILLION IN STOCK TO BUY XTO ENERGY, EXXONMOBIL'S SHARE COUNT HAS DECLINED OVER THE PAST DECADE. SOURCE: WIKIMEDIA COMMONS

gas flare, alternatively known as a flare stack, is a gas combustion device used in industrial plants such as petroleum refineries, chemical plants, natural gas processing plants as well as at oil or gas production sites having oil wells, gas wells, offshore oil and gas rigs and landfills.
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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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