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Oil announces the transfer of a copy of the oil and gas law to the Council of Ministers for approval


6ly410
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On 2/24/2021 at 3:24 PM, 6ly410 said:

Oil announces the transfer of a copy of the oil and gas law to the Council of Ministers for approval

 
Posted 40 seconds ago
 
 
News source / Baghdad today
1614201509_149290.jpg
Baghdad today
News source / Baghdad today
Baghdad today

Prompt 

In the form of opinion

Ministry of Oil: Review the final version of the draft federal oil and gas law

The Minister of Oil stressed the importance of expediting the passage of the federal oil and gas law 

And its importance in organizing the management of oil and gas wealth in Iraq.

Oil Minister Ihsan Abdul-Jabbar Ismail said that the meeting of the opinion committee at the Ministry of Oil, which was held on Wednesday, February 24, 2021, included discussion and review of the final version of the federal oil and gas law. 

He emphasized that this copy should be referred to the Council of Ministers for approval 

After completing its review by the concerned authorities in the ministry, and then the Council of Ministers will review this copy 

And referred it in turn to the House of Representatives in order to enact this law. 

Referring to the ministry's keenness to pass a law that contributes to the development of the oil and gas industry, and the optimal investment of the national wealth in Iraq in order to support system" rel="">support the national economy.

                 

   information Office 

   In the Ministry of Oil 

   February 24, 2021


 

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Al-Halbousi: Present the budget to a vote soon, and we are proceeding with the legislation of the oil and gas law

 
Al-Halbousi: Present the budget to a vote soon, and we are proceeding with the legislation of the oil and gas law
 
 
03/04/2021 23:20:53
 
 
The Speaker of Parliament, Muhammad Al-Halbousi, confirmed, on Thursday, the parliament’s keenness to proceed with the laws that were suspended in previous sessions, most notably the Federal Supreme Court’s law, which was suspended throughout previous sessions.
 
In a statement, Al-Furat News Agency received a copy of it today, Al-Halbousi said, "There is insistence from members of the House of Representatives to proceed with legislative measures to complete the Federal Supreme Court Law." Being sensitive and related to the composition of the court and the decision-making mechanism.  He indicated that "successive meetings will be held with the heads of political forces and the legal committee, and these meetings will be chaired by the presidency of the Council, to reach common points."

He pointed out that "next Monday has been set as the date for voting on the rest of the articles of this law," stressing that "the draft budget law will be within the coming days within the council's agenda to vote on it." 
 
He stressed that "there are a number of stalled laws that the council will proceed to legislate, 
such as the oil and gas law,
which is one of the laws stipulated in the constitution, which will address the mechanism of dealing between Baghdad and Erbil and between Baghdad and the rest of the oil-producing provinces, and the law will be one of the council's next priorities." 
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Al-Halbousi: We insist on passing the court law, and the budget will be included in the agenda

 
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09:10 - 05/03/2021
 
 

The Speaker of Parliament, Muhammad al-Halbousi, confirmed that the members of Parliament are determined to shine by voting on the Federal Court law, while next Monday was set as a date for voting on the rest of the articles of this law.

Al-Halbousi said, in a statement received by the information, that “the parliament is keen to proceed with the laws that were suspended in previous sessions, most notably the Federal Supreme Court’s law, which was suspended throughout previous sessions,” indicating that “there is insistence from the ladies and gentlemen of Parliament to proceed with the legislative procedures. , To complete the Federal Supreme Court Act ”.

He added, "Most of the articles of the law have been voted on, and there are still articles that need a broader discussion, as they are sensitive and related to the formation of the court and the decision-making mechanism." Joint ”.

He pointed out that "next Monday has been set as a date for voting on the rest of the articles of this law," stressing that 

"there are a number of stalled laws that the council will proceed to legislate, 

such as the oil and gas law,

which is one of the laws stipulated in the constitution, which will deal with the mechanism of dealing between Baghdad."

And Erbil and between Baghdad and the rest of the oil-producing provinces,

and the law will be one of the council's next priorities.

He noted that "the draft budget law will be within the coming days within the council's agenda to vote on it."

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31 minutes ago, Pitcher said:

Get out of the way.  Iraq  is ready to change.  ALL ABOARD 

 

NOTHING CAN STOP THIS RUNAWAY RV TRAIN.  NOTHING.


And With My Amazing Clown Nose 🤡 I Smell A Little Bit Of Pressure On The Kurds ! :o 

 

:D  :D  :D 

 

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Legal expert: Baghdad can withhold the region’s share of the budget for non-payment of oil revenues

 
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10:48 - 05/03/2021
 

The legal expert, Ali Al-Tamimi, confirmed Baghdad’s ability to withhold the Kurdistan’s share of the budget due to the region’s failure to pay the sums it had incurred in favor of the center, especially with regard to oil revenues.

Al-Tamimi told "the information", "Although the oil and gas law has not been legislated, there is Law No. 97 of 1967 that describes oil extraction, exploration and contracting with companies, and this law applies to Kurdistan and other provinces, as it required obtaining the approval of the Ministry of Oil and Parliament to contract with Al-Sharkan, exploration and oil extraction.

He added, "The Kurdistan region cannot claim that the oil and gas law is not legislated, because the aforementioned law is still in force and in effect."

And that "the government can, through the budget law, withhold the region’s share and not give them the share of the budget except after paying the dues owed by Kurdistan, because the regional government violates the law that must be applied."
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1 minute ago, DinarThug said:

I Smell A Little Bit Of Pressure On The Kurds ! :o 


Which Is Coming In All Kinds Of Shapes And Sizes ! :o 

 

 

Super Size Me ...

 

:D  :D  :D 

 

 

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Al-Shabaki: Failure to implement the Baghdad-Erbil agreement was the excuse for the Turkish targeting of northern Iraq

 
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10:02 - 05/03/2021
 

The representative of the Al-Fateh Alliance, Muhammad Al-Shabaki, stated that Turkey bombed the lands of northern Iraq under the pretext of not implementing the Baghdad and Erbil agreement regarding the closure of the PKK headquarters and the deployment of federal forces.

"The Turks want to pressure the Kurdistan Democratic Party to confront the Workers' Party and close its headquarters, especially since Ankara was counting on the success of the Baghdad-Arbil agreement on closing the PKK headquarters, but this was not implemented," al- Shabaki told Al-Maaloumah.

He added, "The Turks intervened directly after the failure of the Arbil agreement, the failure to deploy the federal forces and the closure of the PKK headquarters, as the intervention took place without returning to Baghdad or Erbil to obtain approval to carry out their attacks on the country." And that "the agreement between Baghdad and Erbil." It was supposed to end the existence of the Kurdistan Workers Party (PKK) and close its headquarters, thus stopping the Turkish attacks on Iraq.
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20 minutes ago, DinarThug said:

Al-Halbousi: Present the budget to a vote soon, and we are proceeding with the legislation of the oil and gas law

 


 

 

42 minutes ago, Pitcher said:

Iraq  is ready to change.  ALL ABOARD 

 

And The Black Bubbly Is On The Move ! :o 
 

 

Oil That Is - Black Gold, Texas Tea ...

 

:D  :D  :D 

 

 

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A promising jump in oil prices after the OPEC + agreement

 

A promising jump in oil prices after the OPEC + agreement
 

03/05/2021 18:19:11

 
Oil prices continued, on Friday, to record gains after the decision of the "OPEC +" group to keep production cuts unchanged until the end of next April.

By 17:50 Moscow time, US crude futures were up 3.46% ($ 2.21) to $ 66.04 a barrel.

Brent crude futures rose 3.61% ($ 2.41) to $ 69.15 a barrel, according to Bloomberg data.

The countries of the "OPEC +" group had agreed yesterday to keep production unchanged until the end of next April, and said that the recovery in demand from the Corona virus pandemic is still fragile. 

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Goldman expects Brent prices to reach $ 75 a barrel in the second quarter of 2021

 

26566.jpg

 

5th March, 2021

 

Goldman Sachs Commodities Research raised its forecast for the price of Brent crude for the second and third quarters by $ 5 a barrel, after OPEC and its allies kept their agreement to cut supplies unchanged and said that "the discipline of shale oil producers" is likely behind the group's increased production at a slower pace

The bank said in a note dated Thursday that it now expects Brent prices to reach $ 75 a barrel in the second quarter and $ 80 a barrel in the third quarter of 2021

Shale oil producers in the United States have reacted quickly to oil price gains in recent years, winning market share as Saudi Arabia and other major producers cut production, but have been reluctant to boost production since demand was devastated by the pandemic last year

The Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed on Thursday to extend most of the crude production cuts until April, after they decided that the recovery of demand from the Corona virus pandemic is still fragile. "The OPEC supply strategy works because of its unpredictability and surprise," Goldman said. "We believe that it is currently clear that OPEC + is in fact pursuing a tight oil market strategy, while our updated supply-demand balance indicates that the (stocks) of the Organization for Economic Cooperation and Development (OECD) countries are falling to their lowest levels since 2014 by the end of this year

The bank lowered its forecast for OPEC + production of 0.9 million barrels per day over the next six months, and said supplies from shale oil, Iran and outside OPEC will likely remain severely inflexible towards prices until the second half of 2021, allowing OPEC + to quickly rebalance the oil market. The bank said the main issue would be "a potential backlash of shale supplies, but the latest earnings season indicates that investors are still far from compensating for growth

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Hmmm, I Wonder If Navira Is One Of The Investors In This Swanky New ‘Chez Bro’ ! :o 

 

:D  :D  :D 

 

 

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At a cost of 11 million dollars ... the opening of the "most luxurious" restaurant in Erbil

1614881537497.jpeg

 

5th March, 2021


Investments are growing in the Kurdistan Region in various industrial, agricultural and tourism sectors for local and foreign investors, but one of the investment projects caught the attention more than others when it was launched, Thursday, in Erbil, the capital of the region.

Muhammad Ali Haruri is bored, he left his village "Harur" in the far north of the Kurdistan region, bordering the Iraqi-Turkish border, and went to the capital of the region, Erbil, to open a five-star restaurant he named after his village, but he recorded the highest investment in the restaurants sector, which cost 11 million Dollars.

Harouri told Shafaq News that his restaurant, which was opened on Thursday evening, occupies an area of 13 thousand square meters, and accommodates two thousand people, and the restaurant staff can prepare food for 15 thousand people at one time.

He added that the restaurant includes four dining halls according to different designs, including a VIP hall, in addition to two halls, one of which can accommodate 400 people and the other for 150 people, in addition to the gardens that are designed according to designs that include fountains and seating areas.


1614881561574.jpeg       1614881562869.jpeg

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TRANSLATION: 

Our esteemed customers, we would like to inform you of opening windows to replace damaged banknotes in all 
bank branches, 
according to the mechanism issued by the Central Bank of Iraq
To communicate
9401959597
Banking Awareness / Iraqi Trade Bank
09129224663
Awareness and monitoring services / Central Bank of Iraq

#Bank_Iraqi_Trade 
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A parliamentary committee ... The conditions are ready to reduce the price of the dollar and reveal an obstacle

Posted 4 hours ago
News source / NR TV
532021173435000000000axfbavz.jpg
NR TV
News source / NR TV
The Parliamentary Economic and Investment Committee confirmed, today, Friday, the availability of appropriate conditions for reducing the price of the dollar against the Iraqi dinar and adjusting the price of a barrel of oil in the draft of the federal budget.

Member of Parliament Mazen Al-Faily said in a press statement that RT Arabia, on Friday, said, "The conditions are ready for the return or reduction of the dollar exchange rate against the Iraqi dinar in the draft budget, but this is difficult to achieve in light of the completion of the draft formulation, discussion and study in the committee." Parliamentary finance, therefore, we need to reformulate the project, and this is not possible.

He added, "There is a tendency to raise the price of a barrel of oil in the draft budget law in view of the high prices in the global markets," noting that "the current price contributed to the availability of large financial revenues for the state."

H

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The emergence of serious indicators to adjust the exchange rate of the dollar against the dinar in the 2021 budget

2021-03-05
9272020_636953345762113093.jpg?resize=69

 

A member of the Parliamentary Economic and Investment Committee, Mazen Al-Faily, confirmed today, Friday, that the conditions are ready to adjust the exchange rate of the dollar against the Iraqi dinar, as well as the price of a barrel of oil in the draft Federal Budget Law for 2021.

Al-Faili said in a press statement, "The conditions are ready to restore or reduce the exchange rate of the dollar against the Iraqi dinar in the draft budget, but it is difficult to achieve this in light of the completion of the draft formulation, discussion and study in the Parliamentary Finance Committee, therefore we need to reformulate the project and this is not possible." “.

He added that "there is a tendency to raise the price of a barrel of oil in the draft budget law in view of the high prices in the global markets," stressing that "the current price contributed to the availability of large financial revenues for the state

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Hold onto your underpants you crazy diamonds ,we've never been closer and this thing could pop . I can't imagine passing a budget with a nebulous value to your currency . I believe that the new budget will contain the new rate , making Iraq a sovereign nation finally .

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2 hours ago, DinarThug said:

there are a number of stalled laws that the council will proceed to legislate, 

such as the oil and gas law,

which is one of the laws stipulated in the constitution, which will deal with the mechanism of dealing between Baghdad."

And Erbil and between Baghdad and the rest of the oil-producing provinces,

and the law will be one of the council's next priorities.

He noted that "the draft budget law will be within the coming days within the council's agenda to vote on it."

Close real close

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15 minutes ago, dinarham said:

Hold onto your underpants you crazy diamonds ,we've never been closer and this thing could pop . I can't imagine passing a budget with a nebulous value to your currency . I believe that the new budget will contain the new rate , making Iraq a sovereign nation finally .

Agree

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1 hour ago, DinarThug said:


TRANSLATION:


The Iraqi Trade Bank welcomes the visit of His Holiness Pope Francis to the land of the cradle of civilizations and 
home of the prophets.

#Bank_Iraqi_Trade
#Pope_Francis
#Pope_Francis 

Yes! Welcome the False Prophet to the land of the false prophets!

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1 hour ago, dinarham said:

Hold onto your underpants you crazy diamonds ,we've never been closer and this thing could pop . I can't imagine passing a budget with a nebulous value to your currency . I believe that the new budget will contain the new rate , making Iraq a sovereign nation finally .


I’ve got a good supply of Depends for me and I’m changing out Horse’s stall daily 

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