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


SocalDinar
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Sweet. The East side of Mosul's infestation might be dealt with within a month, then it is  onto the West side, which is surrounded too. Mosul on the list waiting to be checked off.  Now, the possibility of a state owned national wealth fund bumping more than the value of the money. Over the next year, we might see a gradual boost in the overall value of the ISX, more gold reserves (not too much like Gaddafi tried!?) and diversified foreign wealth holdings, all together, will get the foundations of the house built. Looking forward to advice from Adam about cashing in and investing opportunities and strategies, soon. Woot!

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18-01-2017 02:45 PM
image.php?token=0a7f748fb94c7fe0bf9505e0c2078fb6&size=
 


 

 

Oil Minister Jabbar Luaibi announced the completion of a draft oil and gas law and sent to the secretariat of the Council of Ministers, noting that the goal of this law work on optimal investment of the national wealth of oil and gas. 

Allaibi said in a statement on Wednesday , 'said the ministry 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 to the General Secretariat of the Council of Ministers, in order to discussion and approval and then migrated to the House of Representatives to Thariahma. 

He explained that the aim of preparing the bills is to seek and work to the best investment of the 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 '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.

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Thanks againYota!  I kinda wish I got more than 90 minutes of sleep last nightt! I guess I will soon find out if my own perception of the higher gas prices in Connecticut the last few weeks are indicative of the recent cut-backs in production and if the estimated PPB of $65.00 will be seen in a new rate. Let's finish this Iraq - please - for your own people and for the worldwide investors who want your economy to succeed.by finally get caught up with the rest of the world economies - and show everyone that the recent attempts at minimizing corruption in your country equates to confidence in your economy by revaluing your currency to a rate that equals or surpasses that of the US dollar!

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19 minutes ago, presence said:

 I guess I will soon find out if my own perception of the higher gas prices in Connecticut the last few weeks

how much did it rise in your area ?  gas prices ....  I heard 2 weeks ago new jersey ,Michigan , Indiana some southern states were going to rise , nothing here yet , but  something on the news  ----> soon for us  <_<

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1 hour ago, jeepguy said:

this is good  it is  on paper ,

 

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  <_< 

Sadly, I'm inclined to agree with you. 'Round & round we go.

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14 minutes ago, Wiljor said:

Awesome news Yota :twothumbs: a step in the right direction. I do believe the HCL will be announced shortly after the liberation of Mosul 

Good morning DV, a super day to you all :tiphat:

I agree, Wiljor!  Liberation of Mosul and then...HCL!
 

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(by don961)

Oil announces the completion of a draft oil and gas law and send it to the Secretariat of the Council of Ministers
01/18/2017 - 15:17

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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In this context, what it could mean is natural gas (or other gaseous fractions) has been processed to remove the heavier components as Natural Gas Liquids (NGLs). The "dry gas" product is the resultant stream with the heavier components removed. Typically, this greatly reduces problems in transporting natural gas (or other gaseous fractions) where the heavier fractions could condense out and cause liquid hammer in the natural gas pipe lines that then damages the pipelines among other things. Also, the heavier fractions have a higher heat release and could cause problems in heaters that are set up for dry natural gas. The NGLs can be fractionated into more pure streams and used as feed stocks for various chemical processes.

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Oil announces the completion of a legal drafts two oil and gas and sent to the Council of Ministers

index24.jpe
BAGHDAD - Iraq Press - January 18: The Oil Ministry announced on Wednesday the completion of oil companies legal drafts and gas Aloutnettin by the departments concerned its subsidiaries, as well-informed sources said that the adoption of the law of the national gas company would design and organize gas investment policy the leadership of the country and the implementation of projects and operation of the facilities according to international standards programs. 
He said the oil minister, Jabbar Ali Hussein, in a press statement, that "the national gas company law to ensure the development of facilities investment and gas production facilities and petrochemical industry and related industries the areas of gas, as well as greater coordination between the rings production and consumption of natural gas and the development of workers in this sector efficiency." 
He continued, "The draft laws have been sent to the General Secretariat of the Council of Ministers for discussion and approval and then carried over to the House legislation," adding, "The purpose of the preparation of legal projects is working 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. " Ended .oh

http://www.iraqpressagency.com.....38;lang=ar

 

 

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

http://www.mawazin.net/%D8%A7%.....9%8A%D8%A9

 

 

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6 minutes ago, drj said:

WOW Thug, this RV train IS coming into the station!   Thanks to you and to Yota for all of your hard work!

 

5 minutes ago, Wiljor said:

Top of the day to ya Thugs, much appreciated my friend  :twothumbs:

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)

:D     :D     :D

 

Iraqi Oil Announces send illegal oil and gas drafts to the Cabinet Secretariat

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. 

Allaibi said in a press statement, " 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." 

He added that " The purpose 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 stressed 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." 

In turn, the deputy minister for gas affairs pointed out 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." 

He added that studies and plans stating Iraq possessed "huge potential can reach rates of 5,000 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 the best investment for the gas states."

http://www.rudaw.net/arabic/mi.....1801201710

Allaibi declared illegal two oil and gas completion and sent to government

https://almadapress.com/ar/news/81509/%D8%A7%D9%84%D9%84%D8%B9%D9%8A%D8%A8%D9%8A-%D9%8A%D8%B9%D9%84%D9%86-%D8%A7%D9%86%D8%AC%D8%A7%D8%B2-%D9%82%D8%A7%D9%86%D9%88%D9%86%D9%8A-%D8%B4%D8%B1%D9%83%D8%AA%D9%8A-%D8%A7%D9%84%D9%86

 

 

"Government pulls the oil and gas law in parliament for "address gaps

 14:26 18/01/2017 

BAGHDAD / tomorrow Press A member of the parliamentary legal committee, MP Salim Chawki, Wednesday, for the government to withdraw the law of oil and gas in order to .address the gaps in it, noting that the House of Representatives awaiting re­send the law to him for the purpose of legislation during this session Said Shawki's "Tomorrow's Press," that "the oil and gas law of important federal laws that regulate the relationship between the producing regions and ".provinces to manage the oil fields," revealing that "the oil and gas law has been withdrawn from the government to address the gaps in it He noted that "the House of Representatives waiting to restore law enacted during this session," stressing that "the differences disrupt anything, and ".that was a big presence of political consensus as possible to overcome them and get to the participants of the enactment of the law He added that "there is a great affinity between the province and the central government and manifested by fighting against Daesh This convergence is ".possible to overcome all the obstacles to legislation pending laws

http://alghadpress.com/ar/news.....8%A7%D8%AA

 

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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)

:D     :D     :D

 

Agree Thugs......can only get better! :cheesehead:

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