yota691 Posted February 22, 2018 Report Share Posted February 22, 2018 Iraq and Kuwait sign oil agreement Twilight News 32 minutes ago Oil Minister Jabbar Ali al-Allaibi said on Thursday that one of the priorities of the ministry in the optimal investment of gas associated with the implementation of liquidation projects and petrochemicals and the development of infrastructure for the distribution of oil derivatives. The ministry said in a statement to the News Agency that Al-Allaibi met with a delegation of representatives of Al-Arfaj Holding Company, headed by Saud Al-Arfaj. "We are keen to implement investment projects for the construction of refineries inside Iraq to increase the production capacity of oil derivatives and cover and meet the actual need for local consumption." "The ministry has ambitions and directions for the establishment of refineries outside the country in cooperation with specialized international companies," he said, noting that "the ministry and through the investment projects put forward to compete with international companies aspiring to reach high rates of production of petroleum products up to 2 million barrels per day during the year 2022 ". On the sidelines of the meeting, the Ministry of Oil represented by the Undersecretary of the Ministry for Liquidation Affairs, Fayad Hassan N'mah, recorded a meeting with Al-Arfaj Company, which included the formation of a coordination committee between the two parties to exchange information on the implementation of projects in the region and the world. For the company's invitation to the Ministry of Oil to contribute to the investment in the construction of an oil refinery in India with a petrochemical complex. The Undersecretary for Liquidation Affairs said that the ministry has expressed its readiness to enter into investment projects in cooperation with Kuwaiti companies to enhance the volume of cooperation and relations between the two countries and open large areas of investment. Keywords: 5 10 Quote Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted February 22, 2018 Report Share Posted February 22, 2018 Bless you Master Yota 1 Quote Link to comment Share on other sites More sharing options...
vato96 Posted February 23, 2018 Report Share Posted February 23, 2018 Oil agreements without a hcl? Something is fishy and I like it!!!+ 1 3 Quote Link to comment Share on other sites More sharing options...
Mxmann Posted February 23, 2018 Report Share Posted February 23, 2018 What does this mean??? Is the HCL going to be finalized, since they are singing an oil agreement??? If so, we're gettin REALLLL close, no??? Quote Link to comment Share on other sites More sharing options...
yota691 Posted February 23, 2018 Author Report Share Posted February 23, 2018 Declaration of legal partnership between Iraq and Kuwait 11:52 - 22/02/2018 0 Information / Baghdad .. Kuwaiti lawyer Mohammad Dhar al-Otaibi announced on Thursday a Kuwaiti-Iraqi legal partnership to exchange expertise and legal services. Al-Otaibi said in a statement to Kuwait's Al-Anbaa newspaper that a bilateral agreement was signed with Siraj Legal Justice Company, one of the largest legal centers in Iraq, headed by lawyer lawyer Mohammad Kazem Mal Allah Al-Otaibi. Russia and Britain ". He added that "after the start of the Kuwait International Conference for the reconstruction of Iraq and the efforts we have seen from our state Kuwait to support and adopt the principle of human reconstruction and development, this has motivated us to participate as a private sector in this support and benefit from legal expertise between the two countries and provide assistance Whether governmental or private sectors. " "Through this partnership, awareness will be given to companies and investors from the two countries and legal awareness in all commercial transactions, especially the laws and decisions governing the two countries," Al-Otaibi said. Ending / 25 1 3 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted February 23, 2018 Report Share Posted February 23, 2018 Can only be good! Thanks Yota 1 2 1 Quote Link to comment Share on other sites More sharing options...
Mxmann Posted February 23, 2018 Report Share Posted February 23, 2018 12 minutes ago, Gypsygirl11 said: Can only be good! Thanks Yota Yeah, thats what i was thinking, but no one has really chimed in on this thread??? Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted February 23, 2018 Report Share Posted February 23, 2018 Oilsigned with a Kuwaiti company an investment record in the associated gas project and production of methanol Ministry of Oil logo energy Economy News Baghdad: The Ministry of Oil signed a memorandum of understanding with the delegation of representatives of Al-Arfaj Holding Company in Kuwait on the accompanying gas project and the production of methanol . The Oil Ministry said in a press statement received by "Economy News" that "Oil Minister Jabbar Luaibi met with a delegation of representatives of the Kuwaiti company Arfaj Holding, headed by Saud Al Arfaj, and during the meeting signed the ministry represented by the Undersecretary of the Ministry of liquidation Fayad Hassan Nima Minutes of a meeting with the company Arfaj included formation A coordinating committee between the two parties to exchange information on the implementation of projects in the region and the world . " "The report also included the company's desire to invest in the associated gas investment project and the production of methanol, as well as the company's invitation to the Ministry of Oil to contribute to the investment in the construction of an oil refinery in India with a petrochemical complex ." "According to the statement," one of the Ministry's priorities to optimize the investment of gas associated with the implementation of liquidation projects and petrochemicals and the development of infrastructure for the distribution of oil derivatives . " He pointed out that "the ministry is keen to implement investment projects for the construction of refineries inside Iraq to increase the production capacity of oil derivatives, and to cover and meet the actual need for domestic consumption. Moreover, the ministry has ambitions and directions for the establishment of refineries abroad in cooperation with specialized international companies . "The Ministry of Oil and through the investment projects put forward to compete with international companies aspiring to reach high rates of production of oil products up to 2 million barrels per day during the year 2022. " For his part, the Undersecretary for Liquidation Affairs, said that "the ministry expressed its willingness to enter into investment projects in cooperation with Kuwaiti companies to enhance the volume of cooperation and relations between the two countries and open up broad areas of investment." http://economy-news.net/content.php?id=11243 2 1 Quote Link to comment Share on other sites More sharing options...
Jaygo Posted February 23, 2018 Report Share Posted February 23, 2018 Just now, Mxmann said: Yeah, thats what i was thinking, but no one has really chimed in on this thread??? Because they have had this same conversation 10 times!!! 4 Quote Link to comment Share on other sites More sharing options...
jake21 Posted February 23, 2018 Report Share Posted February 23, 2018 This was signed months ago wasn't it Quote Link to comment Share on other sites More sharing options...
jake21 Posted February 23, 2018 Report Share Posted February 23, 2018 Or they said it was Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted February 23, 2018 Report Share Posted February 23, 2018 So Kuwait sells there oil at an exchange rate of $3.30 to 1$ and Iraq sells theirs at 1184 to $1 dollar, and they share the port of Faw and buy all their imports at these exchange rates..... hmmmm that’s not confusing is it?! How bout we just round up and up and make the exchange rate the same for the sake of simplicity what do do you say boys? In the spirit of brotherly love?! 1 3 9 Quote Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted February 23, 2018 Report Share Posted February 23, 2018 27 minutes ago, NEPatriotsFan1 said: So Kuwait sells there oil at an exchange rate of $3.30 to 1$ and Iraq sells theirs at 1184 to $1 dollar, and they share the port of Faw and buy all their imports at these exchange rates..... hmmmm that’s not confusing is it?! How bout we just round up and up and make the exchange rate the same for the sake of simplicity what do do you say boys? In the spirit of brotherly love?! . . . And my wife says I’m complicated-these people don’t know “ simplification “ It must as awkward and convoluted as possible. I always knew these folks would have to be dragged kicking & screaming into the 21st Century. They don’t disappoint do they. 1 5 Quote Link to comment Share on other sites More sharing options...
haymon Posted February 23, 2018 Report Share Posted February 23, 2018 How do you spell HCL? 4 Quote Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted February 23, 2018 Report Share Posted February 23, 2018 8 minutes ago, haymon said: How do you spell HCL? Haych Cee ELL ? Am I close ? Am I close, HUH ? Morning haymon 5 Quote Link to comment Share on other sites More sharing options...
eburt Posted February 23, 2018 Report Share Posted February 23, 2018 Ok what does this means? Will we see HCL soon to follow? Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted February 23, 2018 Report Share Posted February 23, 2018 49 minutes ago, 10 YEARS LATER said: . . . And my wife says I’m complicated-these people don’t know “ simplification “ It must as awkward and convoluted as possible. I always knew these folks would have to be dragged kicking & screaming into the 21st Century. They don’t disappoint do they. They sure don’t unfortunately! 1 2 Quote Link to comment Share on other sites More sharing options...
Floridian Posted February 23, 2018 Report Share Posted February 23, 2018 A thought just occurred to me - How can they ask the world to give them $88 billion and then turn around and distribute oil money to the population? That would look real bad to the world, no? If you need money so badly to rebuild, why are you giving away money? 1 1 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted February 23, 2018 Report Share Posted February 23, 2018 1 hour ago, jake21 said: This was signed months ago wasn't it I think it was only verbally agreed to before, nothing officially signed. If I remember correctly, there was still a bit of negotiating going on since then. 1 Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted February 23, 2018 Report Share Posted February 23, 2018 5 hours ago, haymon said: How do you spell HCL? W, H, I, S, K, E, Y.........I'll be back at the bar tonight from a long break from this lol 4 Quote Link to comment Share on other sites More sharing options...
endeavor1 Posted February 23, 2018 Report Share Posted February 23, 2018 5 hours ago, Half Crazy Runner said: I think it was only verbally agreed to before, nothing officially signed. If I remember correctly, there was still a bit of negotiating going on since then. You mean quite a bit, remember, these guys are Muslims, they have to have a holiday every other week... 2 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted February 23, 2018 Report Share Posted February 23, 2018 1 hour ago, Freedomwish said: W, H, I, S, K, E, Y.........I'll be back at the bar tonight from a long break from this lol Good to see you Freedomwish dust off my seat will ya please even though we don’t have the RV yet, I’m getting a little parched 1 1 Quote Link to comment Share on other sites More sharing options...
markb57 Posted February 23, 2018 Report Share Posted February 23, 2018 wait, the HCL is between Bagdad and Kurdistan isn't it? 1 Quote Link to comment Share on other sites More sharing options...
SupraRacer Posted February 24, 2018 Report Share Posted February 24, 2018 12 hours ago, NEPatriotsFan1 said: So Kuwait sells there oil at an exchange rate of $3.30 to 1$ and Iraq sells theirs at 1184 to $1 dollar, and they share the port of Faw and buy all their imports at these exchange rates..... hmmmm that’s not confusing is it?! So Kuwait buys at $.00086 and sells for $3.30. That's one heck of a profit. Tell me who the dummies are. Wait I guess that is a rhetorical statement. SR 3 Quote Link to comment Share on other sites More sharing options...
siberian_shaddow Posted February 24, 2018 Report Share Posted February 24, 2018 Is it more like a HCA or is this going to be finally the elusive HCL 1 Quote Link to comment Share on other sites More sharing options...
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