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The Dismantling Of The OIL AND GAS LAW on 3 projects to facilitate its adoption in Parliament !


DinarThug
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7 minutes ago, stangernan said:

It's Iraq :lol:  No ducks in the sand hole :lol: 

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2 hours ago, bkeiller said:

Is this a preamble to the HCL, or will this be a foundation for the HCL. Or, is this the HCL by just another name? Anyone able to frame the scope of this, as it smells like a HCL deal?

Ok

i figured it out being Iraq 

if it looks like hcl

sounds like hcl

smells like hcl 

 

it must be a chicken

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Iraq-Iran Oil Swap Deal Delayed Due To Security Concerns

By Tsvetana Paraskova - Feb 26, 2018, 2:00 PM CST Iraq oil production

An Iraqi-Iranian oil swap deal under which Iraq would truck 60,000 bpd of Kirkuk oil to Iran in exchange for Iranian oil to southern Iraq cannot be currently fully implemented because of security issues, an Iranian official said on Monday.

Iraq and Iran have been considering for months starting the oil swap deal that would initially run for one year. The time period can be additionally renegotiated, Iraq’s Oil Minister Jabbar Al-Luiebi said in early December. The deal envisages the swap of up to 60,000 bpd of crude oil, with the Iraqi oil coming from the Kirkuk field in northern Iraq, which until recently was under the effective control of the Kurdistan Regional Government.

After the Iraqi offense against Kurdistan following an independence referendum that Baghdad rejected, the central government of the country resumed control of the Kirkuk field, but no oil flowed from it. Plans have been that Baghdad will transport between 30,000 and 60,000 bpd of Kirkuk crude by tanker trucks to the border with Iran, at Kermanshah. In exchange, Iran will supply the same amount of similar-grade crude to Iraq’s southern ports.

 

In the future, the partners plan to build a new pipeline from the Kirkuk field to the border with Iran, to replace the tanker trucks. This suggests that although the initial term of the deal is just one year, there are plans to make it a longer-term deal.

The start of the oil swap deal was first set for January this year, then it was delayed to February, but the trucking of oil from Kirkuk to Iran has not begun yet.

At the beginning of February, Iraqi security forces started clearing the area along the oil route to Iran, but now Iran says it faces problems in implementing the deal due to security issues.

“Iran does not have X-ray machines to scan the trucks coming from Iraq,” Hamid Hosseini, the Iranian secretary-general of the Iran-Iraq Chamber of Commerce, was quoted as saying by the ISNA news agency.

Iran is now in talks to use Iraq’s X-ray facilities to scan the trucks, according to Hosseini.

By Tsvetana Paraskova for Oilprice.com

https://oilprice.com/Latest-Energy-News/World-News/Iraq-Iran-Oil-Swap-Deal-Delayed-Due-To-Security-Concerns.html

 

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Parliament is preparing to vote on the law of the National Oil Company and the Iraqi share of its profits 

%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D8

 

A member of the Committee on Oil and Energy parliamentary Ibrahim Bahr al-Ulum, on Monday, the approval of the Presidency of the House of Representatives to include the law of the National Oil Company on the agenda of the sessions of the week to vote on him, stressing that the Iraqis will have a share of the profits of this company.

He said Bahr al-Ulum in a statement to / information / that "the subcommittee formed by the Committee on oil and energy parliamentary completed the legislation of the National Oil Company and submitted to the Presidency of the Council of Representatives," noting that "the Presidency agreed to include the law on the agenda of next week's sessions to vote on him".

Bahr al-Ulum added that "the approval of the law of the National Oil Company will constitute a qualitative leap in the oil sector and will reflect positively on the extractive and marketing sector, which will be under the umbrella of this company," pointing out that "the Iraqis will have a share of the profits of this company."

It is noteworthy that the Cabinet voted on 14 March 2017 on the draft law of the Iraqi National Oil Company and decided to refer it to the House of Representatives.

8 hours ago, DinarThug said:
Parliament is preparing to vote on the law of the National Oil Company and the Iraqi share of its profits 

12:47 - 26/02/2018  
%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D8

 

A member of the Committee on Oil and Energy parliamentary Ibrahim Bahr al-Ulum, on Monday, the approval of the Presidency of the House of Representatives to include the law of the National Oil Company on the agenda of the sessions of the week to vote on him, stressing that the Iraqis will have a share of the profits of this company.

He said Bahr al-Ulum in a statement to / information / that "the subcommittee formed by the Committee on oil and energy parliamentary completed the legislation of the National Oil Company and submitted to the Presidency of the Council of Representatives," noting that "the Presidency agreed to include the law on the agenda of next week's sessions to vote on him".

Bahr al-Ulum added that "the approval of the law of the National Oil Company will constitute a qualitative leap in the oil sector and will reflect positively on the extractive and marketing sector, which will be under the umbrella of this company," pointing out that "the Iraqis will have a share of the profits of this company."

It is noteworthy that the Cabinet voted on 14 March 2017 on the draft law of the Iraqi National Oil Company and decided to refer it to the House of Representatives.

 

6 hours ago, bkeiller said:

Is this a preamble to the HCL, or will this be a foundation for the HCL. Or, is this the HCL by just another name? Anyone able to frame the scope of this, as it smells like a HCL deal?

 

Are U Kidding Me - Just Stay At A Safe Distance Because U Can Smell The HCL Gas Shooting Out Of The Back Of This Thing For Miles ! :o 

 

Oil seen as prize of Iran's Mullah regime offensive against Kurdistan

 

:D  :D  :D 

Edited by DinarThug
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2018/2/27 12:28:30 PM 
Despite the importance of the oil and gas law in the organization of the extractive industry of Iraq, but the law has not passed in parliament since 2007 because of differences between the federal government and the Kurdistan Regional Government on the management and extraction of oil, which prevented the adoption of this important law, despite the government's efforts to pass.

After the federal government was able to impose security and law in the province of Kirkuk and regain control of the fields of the province, which was under the control of the Peshmerga began moves within parliament to pass the law of oil and gas, through work on the completion of two projects are the establishment of the National Oil Company and the formulation of oil policies in the country, The parliament's session to pass, as the Committee on Oil and Energy Parliament that the adoption of these laws will pave the way towards the adoption of the law of oil and gas.

"The parliament today is determined to pass one of the important joints of the law of oil and gas, which is the legislation of the law establishing the National Oil Company," said member of the Committee of Oil and Energy parliamentary Ibrahim Bahar Raleum told (One News) that the parliament is today determined to pass one of the important joints of the law of oil and gas, The Presidency, hoping to put it on the agenda in the coming period to vote on it. "

Bahr al-Ulum added: "If this law is passed, it means that one of the important joints of the oil and gas law has been completed for this session, thus implicitly the legal and administrative framework for the most important oil sector, which is extractive and marketing and is considered an important step in this field." He pointed out that, The oil committee has submitted a proposal to draw up oil policies to the government four months ago. We hope that the government will respond to the law and thus we have accomplished two basic issues: policy-making and implementation of the arms. Aviation Safety oil policy. "

He pointed out that "the oil law related to the issues of extraction as a marketing and hope of the six extraction companies, whether the Basra Oil Company or the Missan Oil Company or the oil of Dhi Qar or the oil of Wassit Ounft North, in addition to the marketing company oil will be all within the motto of the national company and thus will serve all the provinces Producing oil ".

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For his part, the legal expert explained why the parliament's inability to pass the oil and gas law since 2007 until now to the differences between Baghdad and Erbil on issues related to the oil industry, stressing that the politicians in the provincial government want to keep oil under their control to go to the income of the influential ones in exchange for payment of salaries of employees Territory by Baghdad and the allocation of funds for the province within the federal budget.

"There are political parties of the Arab collaborators with the region in blocking the adoption of this important law because they have important interests linked to the Kurdistan region, which made the law has been suspended since 2007." He pointed out that the law will be passed sooner or later, especially after he managed The federal government to regain control of the oil fields in the north, which was controlled by the Kurds, "adding that the adoption of the law of the National Oil Company will cut half the way to pass the law of oil and gas because it will make the oil companies in the Kurdistan region under the misuse of the national company and thus will be the extractive process and Bra Organization of Petroleum in Iraq. "

He explained that "the law of oil and gas is important to the oil and gas industry in Iraq is a general and comprehensive law and ensures the distribution of wealth in a fair manner in Iraq and the law is ready the latest draft submitted in February 2011 and has been amended and currently complete and need to read and vote in parliament."

Oil Minister Jabbar Ali Al-Allaibi said earlier that "the ministry completed the draft law of oil and gas, in addition to the laws of the National Oil Company and the National Gas Company by the relevant departments in the ministry and sent to the General Secretariat of the Council of Ministers to discuss and approve and then forwarded to the House of Representatives for their legislation "He said.

"The aim of the draft laws is to seek and work on the optimal investment of the national wealth of oil and gas and the development of this industry and to achieve the advancement of the economic reality of the country."

Al-Allaibi said that "the law of the National Gas Company guarantees the development of facilities for investment and production of gas and petrochemical industry and industries related to gas fields, as well as raising the efficiency of coordination between the production and consumption of natural gas and development of workers in this sector."

For his part, Undersecretary for Gas Affairs Hamid Yunus said that "the approval of the law of the National Gas Company would draw and regulate the policy of gas investment in the country and lead the programs of implementation of projects and the operation of facilities according to international standards," explaining that "studies and plans indicate that Iraq has enormous potential can (5000 cubic meters per day) and the accompanying production of huge quantities of condensate, dry gas, liquid and other components, making it one of the leading countries in the optimal investment of gas. "

Iraq's oil production capacity is about 5 million barrels per day, including 4.6 million barrels per day of production of southern fields.

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23 hours ago, DinarThug said:
Parliament is preparing to vote on the law of the National Oil Company and the Iraqi share of its profits 

12:47 - 26/02/2018  
%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D8

 

A member of the Committee on Oil and Energy parliamentary Ibrahim Bahr al-Ulum, on Monday, the approval of the Presidency of the House of Representatives to include the law of the National Oil Company on the agenda of the sessions of the week to vote on him, stressing that the Iraqis will have a share of the profits of this company.

He said Bahr al-Ulum in a statement to / information / that "the subcommittee formed by the Committee on oil and energy parliamentary completed the legislation of the National Oil Company and submitted to the Presidency of the Council of Representatives," noting that "the Presidency agreed to include the law on the agenda of next week's sessions to vote on him".

Bahr al-Ulum added that "the approval of the law of the National Oil Company will constitute a qualitative leap in the oil sector and will reflect positively on the extractive and marketing sector, which will be under the umbrella of this company," pointing out that "the Iraqis will have a share of the profits of this company."

It is noteworthy that the Cabinet voted on 14 March 2017 on the draft law of the Iraqi National Oil Company and decided to refer it to the House of Representatives.

 

An expert reveals the hidden secrets of some Arab oil law in Iraq

download-1-8.jpg 

27th February, 2018

The legal expert explained why the Parliament's inability to pass the oil and gas law since 2007 until now to the differences between Baghdad and Erbil on issues related to the oil industry, stressing that politicians in the provincial government want to keep oil under their control to go to the income of the influential ones in return for payment of salaries of regional staff from Before Baghdad and the allocation of funds for the province within the federal budget.

The Jeweler said that "there are political parties of the Arab collaborators with the region in blocking the adoption of this important law because they have important interests associated with the Kurdistan region, making the law has been suspended since 2007," pointing out that the law will be passed sooner or later, especially after the federal government to regain control On the oil fields in the north, which was under the control of the Kurds, "adding that the adoption of the law of the National Oil Company will cut half the way to pass the law of oil and gas because it will make oil companies in the Kurdistan region under the misuse of the national company and thus will be the extractive and export process of For organized oil in Iraq ".

He explained that "the law of oil and gas is important to the oil and gas industry in Iraq is a general and comprehensive law and ensures the distribution of wealth in a fair manner in Iraq and the law is ready the latest draft submitted in February 2011 and has been amended and currently complete and need to read and vote in parliament."

"The ministry has completed the draft law of oil and gas, in addition to the laws of the National Oil Company and the National Gas Company by the relevant departments in the ministry and sent to the Secretariat General of the Council of Ministers, for the purpose of discussion and approval and then forwarded to the House of Representatives for their legislation "He said.

"The aim of the draft laws is to seek and work on the optimal investment of the national wealth of oil and gas and the development of this industry and to achieve the advancement of the economic reality of the country."

Al-Allaibi said that "the law of the National Gas Company guarantees the development of facilities for investment and production of gas and petrochemical industry and industries related to gas fields, as well as raising the efficiency of coordination between the production and consumption of natural gas and development of workers in this sector

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25 minutes ago, DinarThug said:

 

An expert reveals the hidden secrets of some Arab oil law in Iraq

download-1-8.jpg 

27th February, 2018

The legal expert explained why the Parliament's inability to pass the oil and gas law since 2007 until now to the differences between Baghdad and Erbil on issues related to the oil industry, stressing that politicians in the provincial government want to keep oil under their control to go to the income of the influential ones in return for payment of salaries of regional staff from Before Baghdad and the allocation of funds for the province within the federal budget.

The Jeweler said that "there are political parties of the Arab collaborators with the region in blocking the adoption of this important law because they have important interests associated with the Kurdistan region, making the law has been suspended since 2007," pointing out that the law will be passed sooner or later, especially after the federal government to regain control On the oil fields in the north, which was under the control of the Kurds, "adding that the adoption of the law of the National Oil Company will cut half the way to pass the law of oil and gas because it will make oil companies in the Kurdistan region under the misuse of the national company and thus will be the extractive and export process of For organized oil in Iraq ".

He explained that "the law of oil and gas is important to the oil and gas industry in Iraq is a general and comprehensive law and ensures the distribution of wealth in a fair manner in Iraq and the law is ready the latest draft submitted in February 2011 and has been amended and currently complete and need to read and vote in parliament."

"The ministry has completed the draft law of oil and gas, in addition to the laws of the National Oil Company and the National Gas Company by the relevant departments in the ministry and sent to the Secretariat General of the Council of Ministers, for the purpose of discussion and approval and then forwarded to the House of Representatives for their legislation "He said.

"The aim of the draft laws is to seek and work on the optimal investment of the national wealth of oil and gas and the development of this industry and to achieve the advancement of the economic reality of the country."

Al-Allaibi said that "the law of the National Gas Company guarantees the development of facilities for investment and production of gas and petrochemical industry and industries related to gas fields, as well as raising the efficiency of coordination between the production and consumption of natural gas and development of workers in this sector

Progress with a capital ...... P

:crossedfingers:

if Parliment doesn’t screw this up too. And if they do they need to hang atnyone that votes no as it is treachery towards the well-being of Iraq!

 

Edited by jcfrag
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14 hours ago, DinarThug said:

The Egg Rolled With Her ! :o 

It Was A To Go Order ... 

For General Tso ...

 

:D  :D  :D 

 

58 minutes ago, tigergorzow said:

This is excellent news and the timing with the vote on the 2018 Budget

GO National Oil Company Law

GO HCL

GO RV / RI

 

Go Chinese Take Out !

 

Go Flied Lice !

 

Go Fa Ra Ra Ra Ra Ra - Ra Ra Ra Ra !

 

:D  :D  :D 

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Abadi: We agreed with Erbil on the resumption of Kirkuk oil exports

Abadi: We agreed with Erbil on the resumption of Kirkuk oil exports 

27th February, 2018

Iraqi Prime Minister Haidar al-Abadi said that his government agreed with the authorities in the Kurdistan region to resume oil exports from Kirkuk through the Turkish port of Ceyhan to the world market soon.

"There is an agreement with the Kurdish side to start exporting oil," Abadi said in a speech at a weekly conference on Tuesday. "The two sides agreed to deal with the differences later, without giving a specific time frame for the resumption of exports.

However, Ebadi wondered, "Where have billions of dollars of oil exported in the region?", Revealing that "Ararat is shutting down its radars and carrying oil to sail to Israel."

Abadi stressed the keenness of the central authorities in Baghdad on the security of Kirkuk and keeping it a "city for peaceful coexistence", where "committees have been formed to simplify the procedures for obtaining the families of the martyrs of their rights."

The Iraqi Prime Minister pointed out that the customs revenues have achieved a significant increase after the elimination of some of the hotbeds of corruption, stressing that "the government is keen on the presence of federal authority at the border crossings."

It should be noted that news reports published by the agency "Reuters" in 2014 revealed the accession of the United States and Israel to the list of growing countries of buyers of crude oil from the Kurdistan region of Iraq in "illegal", while confirming that Israel received four shipments of crude oil from Kurdistan During the same year.

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Expert: Parliament pays oil and gas law for the fourth session


خبير: البرلمان يدفع بقانون النفط والغاز للدورة الرابعة 

 

28th February, 2018
The  oil expert Muhannad Abdul Latif criticized the most important laws in the history of Iraq, which works to regulate the economy properly, the law of oil and gas for the third time in a row, expected to be political hidden to prevent passage. "The existence of oil and gas law in an official form and voted by the House of Representatives will work to regulate the extractive industry of Iraq, which is the main engine of the Iraqi economy, which is still dependent on it and is a problem in itself," Abdul Latif told Al-Ghad Press. 

He added that "the law is under discussion since the first session, but it was not discussed even one session and this is the third session of the House of Representatives and nearly finished, which is in the shelves and paid for the fourth session." 

"The dispute between the government of the center and the region on issues related to the oil industry, is not the main reason, but there are political hidden behind the passage of this law because it will organize the most important economic wheel in the country, and this contrary to the orientation of many who want Iraq in economic chaos, And there are those who control his imports, especially oil extracts. "

"The passing of the law requires a genuine national will that knows the importance of the law and is aware of the importance of its existence in the shadow of a country that depends on its oil exports to fill the livelihood of its people," he said, noting that "the law is ready and complete and it has been discussed more than once, Or specialized committees in Parliament. "
 
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