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Parliamentary energy is discussing with the ministry the resolution of the oil and gas laws


Butifldrm
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8 hours ago, Botzwana said:

He has not pumped the dinar.  He never said go buy more.  He is trying to be positive.  Try it sometime, negative nelly.

I hear MtnGoat, TNTony, and about a dozen more so-called gurus say exactly the same thing.

 

Are they not positive too?

 

What do we say about them?

 

Exactly. 

 

Less zombification and more logical thinking needed.

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Saturday 20 October
 
 
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Alsumaria News / Baghdad
, said MP Abdul Salam al - Maliki on Saturday that the National Oil Company Act included several explicit constitutional violations, as he warned that the law , as the current application "will allow the looting of the country 's wealth," called it to stop working. 

Maliki said in an interview with Alsumaria News, "The application of the law of the National Oil Company as a current farce will allow the looting of the country's wealth, where there is no similar law to this company, which is simply a draft theft of wealth and dispersed to others," noting that "the company owns the ownership of oil And the right of full and simple disposition against the country at an abnormal speed in a systematic robbery of wealth. "

 


Maliki said that "the law contained several explicit constitutional violations, most notably that oil and gas belongs to the Iraqi people, but the company's law states that ownership to the company, which did not happen in all countries of the world to be owned wealth to an entity responsible for the management of national wealth or operator is not Owner ". 

He added that "the law guarantees the hegemony and the obvious theft of the oil wealth. It stipulates that the company has the right to participate, invest, pledge and borrow from the Board of Directors. It also gave the right to rob the companies of the Ministry of Oil, including marketing, production and exploration. Companies that stipulate linking them with the Ministry of Oil, "wondering" what is the fate of the Ministry of Oil to steal its companies to a company suspected of stealing the wealth of Iraq? ". 

Maliki stressed, "Iraq's economic and bread basket of the country, and to be established without dominance of the Ministry's companies and be competitive with the companies operating in the ministry and to specialize only in production and not to have the right to participate and investment and mortgage and borrow, "calling on the House of Representatives" to address the government to suspend the work of this law until modified especially It was issued at the end of the previous session and a record time and unthinkable. " 

The House of Representatives voted at its meeting held on 5 March 2018 on the draft law of the National Oil Company.

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History of edits:: 2018/10/20 14:39 • 117 times readable
In the document .. to wait for the disengagement of oil companies in the ministry and postponement of the next government
The director of the National Oil Company, Jabbar Ali al-Allaibi, decided to postpone his previous decision to disengage 9 state oil companies from the Ministry of Oil and transfer them to the National Oil Company.
Al-Luaibi attributed his decision to "ensuring the completion of the bases of success in establishing the important national oil company and carrying out its activities in a supportive environment and in line with the future vision of the oil sector." 
He added that "it was decided to wait for the letter of the National Oil Company No. 2 in 2018/10/18, and left the option for the next government and the Council of Ministers to achieve the appropriate environment and requirements of incorporation in line with the program, which looks to be supportive and supportive of the work of this important company." 
The President of the National Oil Company, Jabbar al-Allaibi, issued a decision last Thursday, the disengagement of nine oil companies from the Ministry of Oil and included to the owners of the National Oil Company, namely {oil exploration company, the Iraqi Drilling Company, the oil marketing company, the North Oil Company, , Basra Oil Company, Dhi Qar Oil Company, Missan Oil Company, Iraqi Oil Tanker Company

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BAGHDAD / Al-Ghad Press: 

Oil Minister Jabbar al-Allaibi decided on Saturday to postpone the decision to disconnect the 9 companies from the ministry. 

"The National Oil Company Law No (4) for the year 2018 pointed to the need to complete the procedures of incorporation within six months of the date of publication in the Iraqi fact sheet in 2018. The Council of Ministers has taken several In addition to several resolutions and inquiries received from the General Secretariat of the Council of Ministers clearly indicate the need to complete the structure of the company and the appointment of the Board of Directors and came the recent ministerial orders in the context and steps necessary.

He added: "Based on our keenness to complete the foundations of success in establishing this important company and to carry out its work in a supportive environment and in line with the future vision of the oil sector, it is decided to wait for the letter of the Iraqi National Oil Company No. (2018/10/18) And its Council of Ministers to achieve the appropriate environment and the requirements of incorporation in line with its program, which we look forward to be supportive and supportive of the work of this important company. "


photo_%D9%A2%D9%A0%D9%A1%D9%A8-%D9%A1%D9
 
 
 
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16:08 20.10.2018(Updated 16:11 20.10.2018)

The Iraqi Oil Ministry issued a decision on Saturday, canceling the transfer of ownership of state oil companies to the National Oil Company.

Baghdad - Sputnik The ministry said it left the option for the next government to achieve what is consistent with its program.

A statement issued by the Ministry of Oil that "the Ministry of Oil issued a circular text on the delay in the disengagement of companies covered by the law of the formation of the National Oil Company issued on Thursday, October 18.

"The ministry confirmed that the option to leave before the next government and its Cabinet to achieve the appropriate environment and the requirements of incorporation in line with the program, which we look forward to be supportive and supportive of the work of this important company."

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Right! They postpone what they know that the y need to do so that Abadi gets no credit for it, then they pass it when the next regime officially takes over so they get all the credit, even though they didn't do any of the heav lifting. 

Its a textbook play right out of our government politicians handbook. Page 169 section D paragraph 9 subsection ii) states: 

what other President do, bad. What new president do, not bad... um good.

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Oil Minister cancels decision to transfer ownership of state oil companies

http://economy-news.net/content.php?id=14050

810.jpg.b747bed294bb89a5dca6e736950351a1.jpg

Oil Minister Jabbar al-Allaibi
  
 energy
Economy News Baghdad:

The oil ministry said on Saturday that Oil Minister Jabbar al-Allaibi canceled the decision to transfer the ownership of nine state oil companies from his ministry to the newly established national oil company .

The ministry said in a statement that the move was aimed at "leaving the option for the next government" led by Adel Abdul-Mahdi to take its decisions on the oil sector "in line with its program."

A senior Iraqi oil official said the decision to transfer ownership of the companies upset Mahdi "and took quickly without his consent ."

Source: Reuters 

Views 710   Date Added 10/20/2018

 

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Document .. Establishment of the National Oil Company waiting for the government of Abdul Mahdi

oil1-436x300.jpg

BAGHDAD, Oct. 20 (UPI) - A document issued by the Iraqi Ministry of Oil revealed a decision by the Minister of Jubail al-Luaibi to postpone the procedures for establishing the national oil company and leave the option to the next cabinet when forming it. Finished (1)

 

oil

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121872.jpg?width=750&&height=375

 
2018/10/20 21:36
  • Number of readings 30
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Oil issued a statement to postpone the deregulation of oil companies

 

-----------------------------------

BAGHDAD - The Ministry of Oil issued on Saturday, October 20, 2018, a circular stipulating the delay in the disengagement of companies covered by the law of formation of the National Oil Company issued last Thursday. 

The ministry said in a statement that the book came as a departure from the ministry's keenness to complete the foundation of success in the establishment of the National Oil Company and to carry out its work in a supportive environment and in line with the future vision of the oil sector.

"The choice is left to the next government and its cabinet to achieve the appropriate environment and the requirements of the establishment in line with its program, which we look forward to be supportive and supportive of the work of this important company." 

The law of the National Oil Company No. 4 of 2018 pointed to the need to complete the procedures for the establishment of the National Oil Company within six months from the date of the publication of the law in the Iraqi Official Gazette on 9/4/2018. The Council of Ministers took several steps in this regard for the need to complete the procedures of establishment , In addition to several resolutions and inquiries received from the General Secretariat of the Council of Ministers clearly indicate the need to complete the structure of the company and the appointment of the Board of Directors and the recent ministerial orders in the context and steps necessary.

 

Follow the obelisk 

 

http://almasalah.com/ar/news/153616/النفط-تصدر-بيانا-ينص-على-التريث-في-امر-فك-ارتباط-الشركات-النفطية

 
Edited by Butifldrm
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Oil seeks to produce 7 million barrels per day
 
2533.jpg
Oil Minister Jabbar al-Allaibi «Economy News»

  

 energy


Economy News Baghdad:

Iraq is seeking to produce seven million bpd through the newly established National Oil Company and export four million bpd in 2019, Iraqi Oil Minister Jabbar al-Luaibi said on Saturday .

Al-Allaibi said in an interview with state television that Iraq hopes to export one million barrels per day through the Jordanian port of Aqaba, without specifying a date. He said gas burning from oil extraction would be halted by 2021 .

Al-Luaibi said the Baiji refinery in the north of the country had returned to production of 70,000 bpd.


Views 793   Date Added 21/10/2018

http://economy-news.net/content.php?id=14055

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1 hour ago, Butifldrm said:

121872.jpg?width=750&&height=375

 
2018/10/20 21:36
  • Number of readings 30
  •  

Oil issued a statement to postpone the deregulation of oil companies

 

-----------------------------------

BAGHDAD - The Ministry of Oil issued on Saturday, October 20, 2018, a circular stipulating the delay in the disengagement of companies covered by the law of formation of the National Oil Company issued last Thursday. 

The ministry said in a statement that the book came as a departure from the ministry's keenness to complete the foundation of success in the establishment of the National Oil Company and to carry out its work in a supportive environment and in line with the future vision of the oil sector.

"The choice is left to the next government and its cabinet to achieve the appropriate environment and the requirements of the establishment in line with its program, which we look forward to be supportive and supportive of the work of this important company." 

The law of the National Oil Company No. 4 of 2018 pointed to the need to complete the procedures for the establishment of the National Oil Company within six months from the date of the publication of the law in the Iraqi Official Gazette on 9/4/2018. The Council of Ministers took several steps in this regard for the need to complete the procedures of establishment , In addition to several resolutions and inquiries received from the General Secretariat of the Council of Ministers clearly indicate the need to complete the structure of the company and the appointment of the Board of Directors and the recent ministerial orders in the context and steps necessary.

 

Follow the obelisk 

 

http://almasalah.com/ar/news/153616/النفط-تصدر-بيانا-ينص-على-التريث-في-امر-فك-ارتباط-الشركات-النفطية

 

Thank you Butifldrm for posting another FANTASTIC news item AGAIN !

This makes a pretty clear statement as to what is coming in the near future and what we can expect.

I especially like the reference to the publication of this law in the Gazette on 9/4/2018 ( April 9, 2018 ). So the 6 month reference to establish the National Oil Company law is NOW (give or take a day or so), but this is Iraq and what's a day here or there :cool:.

In addition, I am not concerned about the postponement, thus allowing the new government to implement the National Oil Company law.

Let's allow the new Council of Ministers get seated and take responsibility.

My opinion and :twocents: on a Saturday afternoon.

Semper Fi :salute:

RV there yet ?  :pirateship:   ....... land ho mates !!

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Like a herd of turtles , we're coming in , slow but steady  . Smoke and mirrors are most likely essential , so no worries ,dudes .  Can't exactly announce to the world ,  " Hey , we're revaluing  our currency a week Tuesday , so go rush out and buy all the dinar you  can at today's prices . Not a bad idea , huh ?  Supply goes to nothing  in a nano second, supply and demand kind of thing  , and poof ! It rv's ! 

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Saturday 20 October
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Alsumaria News / Baghdad
issued an Oil Ministry on Saturday issued a circular on the text of the wait is in the disengagement companies covered by the law of the formation of the National Oil Company , which issued last Thursday. 

The ministry said in a statement received by Alsumaria News, a copy of it, that "the book came as a departure from the ministry's keenness to complete the foundations of success in establishing the national oil company and to conduct its activities in a supportive environment and in line with the future vision of the oil sector.

 

 


"The choice is left to the next government and its cabinet to achieve the appropriate environment and the requirements of the establishment in line with its program, which we look forward to be supportive and supportive of the work of this important company." 

The National Oil Company Law No (4) for the year 2018 indicated the need to complete the procedures for establishing the National Oil Company within six months from the date of publication of the law in the Iraqi Official Gazette on 9/4/2018. The Council of Ministers took several steps in this regard for the need to complete procedures The establishment, in addition to several resolutions and inquiries received from the General Secretariat of the Council of Ministers clearly indicate the need to complete the structure of the company and the appointment of the Board of Directors and the recent ministerial orders in the context and steps necessary.

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  • yota691 changed the title to Details of Iraq's retreat from the transfer of ownership of 9 state oil companies

Details of Iraq's retreat from the transfer of ownership of 9 state oil companies

Details of Iraq's retreat from the transfer of ownership of 9 state oil companies
Iraqi Oil Minister Jabbar al - Allaibi
 20 October 2018 08:43 PM

BAGHDAD (Reuters) - Iraqi Oil Minister Jabbar al-Luaibi has retracted his decision to disengage the companies covered by the National Oil Company (NOC)

The Ministry of Oil issued a circular stipulating the delay in disconnection of companies covered by the law of formation of the National Oil Company issued last Thursday.

The ministry said in a circular published on its website that the move came from the ministry's keenness to complete the bases of success in establishing the National Oil Company and to carry out its work in a supportive environment and in line with the future vision of the oil sector .

The ministry stressed that the option left to the next government and the Council of Ministers to achieve the appropriate environment and the requirements of incorporation in line with the program, which we look forward to be supportive and supportive of the work of this important company .

It is worth mentioning that the National Oil Company Law No (4) for the year 2018, pointed out that the procedures for establishing the National Oil Company should be completed within 6 months from the date of publication of the law in the Official Iraqi Gazette on 9/4/2018.

The Council of Ministers has taken several steps in this regard to the need to complete the procedures, in addition to several resolutions and inquiries received from the General Secretariat of the Council of Ministers clearly indicate the need to complete the structure of the company and the appointment of its board of directors   .

The minister decided last Thursday to 9 oil companies to the owners of the National Oil Company and the disengagement of the Ministry of Oil.

The oil ministry spokesman, Asim Jihad, said the minister included the oil exploration company, the Iraqi Drilling Company, the Oil Marketing Company, the North Oil Company, the Central Oil Company, the Basra Oil Company, the Dhi Qar Oil Company, Iraqi Oil Tankers Company .

The Iraqi Ministry of Oil hopes that this company will be in the ranks of international companies, to seek to promote the national oil industry and upgrade them and to invest the optimal national wealth, and enhance the role of Iraq in the world oil markets .

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  • yota691 changed the title to Parliamentary energy is discussing with the ministry the resolution of the oil and gas laws

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