Posts Tagged ‘iraqi oil’

Mahdi provides an explanation of the Baghdad-Erbil agreement and answer the question 15 seats

Mahdi provides an explanation of the Baghdad-Erbil agreement and answer the question 15 seats

MONDAY, NOVEMBER 2 / NOVEMBER 17, 2014 16:13

Twilight News / hosted by the House of Representatives held by thirty minutes on Monday under the chairmanship of Salim al-President of the Council and in the presence of 237 deputies, Adel Abdul-Mahdi, and the oil minister to discuss the oil and the economic reality of the country

At the outset of the meeting led MP Hadi al-Amiri was sworn member of the House of Representatives .

Then the Council hosted Adel Abdul-Mahdi, and the oil minister to review the economic reality and the oil and the agreement between the federal Read more…

Urgent .. Oil Minister: the lack of oil and gas law will hinder the organization of any oil relationship

Urgent .. Oil Minister: the lack of oil and gas law will hinder the organization of any oil relationship between Baghdad and Erbil

11.17.2014 17:12

{Baghdad: Euphrates News} Oil Minister Adel Abdul-Mahdi said the absence of a law of oil and gas regulation will hinder any oil relationship between the government and the regions, on the one hand and Read more…

The arrival of the first batch of oil province to the Turkish port of Ceyhan for export on behalf of Baghdad

The arrival of the first batch of oil province to the Turkish port of Ceyhan for export on behalf of Baghdad

17/11/2014 13:39 GMT

Follow-up – and babysit – Oil Minister Adel Abdul-Mahdi, announced today before the House of Representatives, “the start of the arrival of 150 000 barrels of oil to the Turkish port of Ceyhan for export on behalf of the Iraqi government.” Read more…

Dhi Qar, calls for the formation of an oil body until the adoption of the oil and gas law

Dhi Qar, calls for the formation of an oil body until the adoption of the oil and gas law

Dhi Qar – Iraq Press – November 16 2014

Called the governor of Dhi Qar, Yahya Nazarene, on Sunday, to the formation of a national oil body Wealth Management, pending approval of oil and gas law, stressing the importance of building a genuine partnership between the Oil Ministry and local governments relationship to develop oil and extractive industry.
He explained the Nazarene’s / Iraq Press / “The province of Dhi Qar filed paper work to the oil ministry include the constitutional powers of the current Read more…

After concluding deal with Baghdad, Kurdistan plans for independent oil company

After concluding deal with Baghdad, Kurdistan plans for independent oil company

16 Nov 2014

On Friday, Iraq’s oil minister said that a preliminary deal between Baghdad and Iraq’s Kurdish region to resolve long-running financial disputes over oil has reduced a threat to national unity. There has long been tension between the central government, based in the capital Baghdad, and the semi-autonomous region of Kurdistan in northern Iraq (KRG).
Baghdad opposes the KRG’s independent exporting of oil – Kurdish leaders, on the other hand, have criticized Baghdad for Read more…

Daily Star: $ 100 billion size of money laundering in Iraq since 2003

Daily Star: $ 100 billion size of money laundering in Iraq since 2003

Publication Date 16/11/2014 09:42 AM

In order to understand how bad things are in Iraq after the US invasion in 2003, we read the final report in 2013 entitled – learning from Iraq – which was written by Stuart Bowen, the inspector general for Iraq reconstruction, who was his office is responsible for auditing the continued waste and mismanagement and abject failure there. Bowen and guess that 40% of the projects sponsored by the United States and has been audited characterized by disorder and major Read more…

Abadi’s office: the government did not announce the adoption of austerity budget

Abadi’s office: the government did not announce the adoption of austerity budget will reduce spending and “unjustified”

11/16/2014 (0:01 pm)

BAGHDAD / Ibrahim Ibrahim / long-Presse

Economists stressed that the Iraqi government does not have a strategy whereby the distribution of financial resources of the country are without wasting unexpected plans drains coming budgets, while denied the government agencies and the tendency to work with a budget austerity next year, noting that the government plans to cut Read more…

Parliament is hosting tomorrow’s oil minister to explain the agreement concluded with the region

Parliament is hosting tomorrow’s oil minister to explain the agreement concluded with the region to settle outstanding issues

11/16/2014 15:42 GMT

Follow-up – and babysit – the House of Representatives decided to host tomorrow’s oil minister, Adel Abdul Mahdi at his request; to explain the Convention, which took place with the province to resolve the outstanding issues.
The source said today that “the House of Representatives decided to host tomorrow at one pm Minutes parliamentary Oil Minister Adel Abdul-Mahdi, at his request; to explain the Convention, which Read more…

Deputy: Kurdistan will not give up on the export of oil

Deputy: Kurdistan will not give up on the export of oil

15-11-2014 06:13 PM

Announced in the coalition of Kurdish blocs in the Iraqi parliament member, (Saturday), the Kurdistan region will not waive his constitutional right to export oil from its territory, despite the initial agreement with the federal government’s approval to make the region of 150 thousand barrels of oil per day at the disposal of Baghdad.
Kurdish Deputy Secretary Baker explained that what was agreed upon and the Read more…

More economic woes for Iraq due to budget failure

More economic woes for Iraq due to budget failure

14 Nov 2014

With persistent hurdles delaying the approval of the 2014 budget, new ones are standing in the way of the 2015 budget, including the drop in oil prices on global markets and the deduction of the north oil revenues from Iraq’s crude oil production due to military operations following the Islamic State’s (IS) control of large areas of northern and western Iraq since June 10.

Furthermore, the Kirkuk field’s oil production, which is estimated at 400,000 barrels per day (bpd), was excluded from the total Iraqi exports after Read more…

Baghdad and the provincial agreement on oil will ensure that return more than $ 30 billion to the state treasury

Abdul-Mahdi: Baghdad and the provincial agreement on oil will ensure that return more than $ 30 billion to the state treasury

Fri, November 14  / November 2014 13:37

[Baghdad-where]

Oil Minister Adel Abdul-Mahdi, said that the recent agreement with the government of the Kurdistan region of Iraq will ensure that we re to the Treasury exports nearly a million barrels of oil per day, from Kurdistan and fields of Kirkuk and north, ie tens of billions of dollars that we lost during 2014, which amounts to more than 30 billion dollars.

And between Abdul-Mahdi said in a statement received by all of Iraq [where] after extensive consultations within Read more…

Baghdad, Erbil will be awarded $ 500 million compared to 150 000 barrels of oil per day from Kurdistan

Baghdad, Erbil will be awarded $ 500 million compared to 150 000 barrels of oil per day from Kurdistan

Erbil-Iraq-Presse -13 November 2014: findings of the Kurdistan Regional Government, on Thursday, an agreement with the Baghdad government and described as “a just and comprehensive solution” to the problems between the two sides.

KRG said in a statement, “The joint meeting was held today between Iraqi Oil Minister Adel Abdul Mahdi, the head of the Kurdistan Regional Government Nechirvan Barzani and his deputy, Qubad Talabani,” indicating that “the Read more…

Bahr al-Ulum calls for calculating the price of a barrel to $ 65 in order to avoid a budget deficit in 2015

Bahr al-Ulum calls for calculating the price of a barrel to $ 65 in order to avoid a budget deficit in 2015

12/11/2014 17:41

Tomorrow Press / Baghdad: called former oil minister and MP for the mass of the citizen Ibrahim Bahr al-Ulum, Wednesday, Parliament to calculate the price of a barrel to $ 65 in the 2015 budget in order to avoid crises in oil prices. Uloum said for “tomorrow Press”, “The drop in oil prices The decline in Iraq’s exports cause a deficit in the budget of 2014 by 27 trillion dinars and the government will not cover it, but 25%, which Read more…

Economists are advised to reduce the salaries of officials and increased investment in the 2015 budget

Economists are advised to reduce the salaries of officials and increased investment in the 2015 budget

11/11/2014

BAGHDAD / JD / .. warned a number of experts and specialists in economic and financial affairs, the probability for a severe financial crisis in the 2015 budget, through an increase in the fiscal deficit, which may reach more than $ 80 billion, according to experts, due to the continued decline in oil prices in global markets and the absence of effective solutions and strategic plans for the advancement of Read more…

Specialists are demanding the Iraqi government and parliament to expedite the approval of oil and gas law

Specialists are demanding the Iraqi government and parliament to expedite the approval of oil and gas law

10/11/2014 (0:01 pm)

BAGHDAD / Ibrahim Ibrahim

While experiencing the global oil market, a sharp drop in prices, specialists of the Iraqi government and the House of Representatives called for action on the approval of the oil and gas law to address the financial crisis facing the country as a result of the loss of the general budget of approximately 30% of its resources, stressing that the formation of a higher council for the management of oil aggravates problems between the federal government and local administrations of the oil-producing provinces.
The economist said Mustafa Mohamed Habib “long”, “The failure to activate the Read more…

Expectations determine the price of a barrel of oil at $ 80 in 2015 budget

Expectations determine the price of a barrel of oil at $ 80 in 2015 budget

10/11/2014

BAGHDAD / JD / .. the parliamentary finance committee predicted, determine the price of a barrel of oil in next year’s budget of $ 80 minimum.
A member of the Committee MP Jamal Joker told / JD /: “The government will depend on the current price of oil rolling in global markets in the preparation of the 2015 budget,” adding that “oil is currently sold at a price ranging between (81 to 82) per barrel dollar.”
He added: “Since the volatile oil prices in world markets, the Iraqi government Read more…

A big blow to the oil … and the “massacre” of the Iraqi budget

A big blow to the oil … and the “massacre” of the Iraqi budget

09/11/2014 (0:01 pm)

Baghdad-Erbil – Washington / Range (Reuters) AP

The October last months Black Black Gold, Prices futures barrel combination «Brent» benchmark crude oil fell below $ 85, from more than $ 115 in June, despite the fact that the risks of interruptions in supplies did not reach alarming levels. It does not appear that the Organization of Petroleum Exporting Countries (OPEC) cut production to enhance Read more…

Government borrowing from the central solution to provide financial liquidity

Government borrowing from the central solution to provide financial liquidity

08/11/2014 (0:01 pm)

BAGHDAD / Ibrahim Ibrahim

Economists warned that the involvement of the Iraqi government foreign loans grounds that the provision of financial liquidity as a result of worsening economic crisis in the next three months, while demanding the Parliamentary Finance Committee the need to distribute the special budget 2015 exchange doors according to new economic data through the activation of tax laws and the collection of public funds does not affect on the incomes of citizens.
The economist said Mohammed Abdul-Latif al-Ani, “long”, “The 2014 budget Read more…

Warns of fiscal 2015 to prepare the budget based on oil price of $ 90

Warns of fiscal 2015 to prepare the budget based on oil price of $ 90

08/11/2014 12:13 GMT

Follow-up – and babysit – the parliamentary finance committee called the Council of Ministers to speed up in 2015 to send the budget to the House of Representatives for the purpose of discussing and voting on them, as warned to prepare the budget on the basis of the sale of a barrel of oil at a price of $ 90.
A member of the committee MP Abdul Qader Mohammed said he “was supposed to reach the general budget for 2015 to Parliament on the fifteenth of the month of October last, but it is still Read more…

Kurdistan oil exercised its independence despite Baghdad threat

Kurdistan oil exercised its independence despite Baghdad threat

08-11-2014 12:48 AM

Iraq’s Kurdistan Regional Government, said Friday it sold 34.5 million barrels of crude oil worth about $ 3 billion since January, despite opposition from the government in Baghdad independent of oil sales from the region.
He said the Kurdistan region in a statement that he would first batch worth 75 million dollars for companies producing oil for export and will provide other Read more…