Posts Tagged ‘iraqi oil’

How Iraq missed a trillion dollars in corrupt deals during the governments after 2003

How Iraq missed a trillion dollars in corrupt deals during the governments after 2003

Friday July 31, 2015 – 12:00

Began the features of financial corruption in Iraq evident with the first 8 billion obtained by the Iraqis in the US administrator Paul Bremer time, in aid for the reconstruction of the infrastructure ravaged by bombs and missiles, the international coalition, but those billions disappeared and did not destiny knows to this day. As you get Read more…

Nechirvan Barzani: ready to put the export of oil under the supervision of the UN

Nechirvan Barzani: ready to put the export of oil under the supervision of the UN

Posted 29/07/2015 02:34 PM

The President of the Kurdistan Regional Government Nechirvan Barzani for his government’s readiness to put the issue of the export of oil under the supervision and control of the United Nations, in order to reach a solution to the outstanding problems between Baghdad and Erbil.

This came during a meeting of the German Ambassador to Iraq Aghard Bruce and his accompanying delegation today Wednesday, 07/29/2015, the capital of Kurdistan in Irbil province.

A press release said the prime minister that Read more…

Kurdish change: the oil accord Fair collapse

Kurdish change: the oil accord Fair collapse

7/25/2015 0:00

It suggested the continuation of the region to export away from the center
of Sulaymaniyah – Sabah
MP for the Bloc change Kurdish Kaveh Mohammad for the continuation of the Kurdistan Regional Government to export oil outside the framework of the agreements signed between them and the federal government.
He said the oil and gas committee in the House of Representatives by Kaveh Mohammad, »Sabah» : The oil agreement between the governments of the center and the provincial exhibition of collapse, as the provincial government Read more…

After the nuclear deal .. forecast a financial crisis and a severe delay staff salaries

After the nuclear deal .. forecast a financial crisis and a severe delay staff salaries

07/21/2015

BAGHDAD / JD / .. after Iran reached a nuclear deal with the six countries the UN Security Council, has decided to lift the sanctions imposed on Tehran, particularly economic sanctions, prompting Tehran to increase its oil production, which form a major figure in the oil supply in the world markets, which led to the drop in oil prices after the rose gradually during the last period.
The record of Brent crude to $ 55 a barrel during the past few days, which means that Iraq’s oil is currently sold below $ 50 a barrel fact Read more…

British Report: Iraq is in danger of bankruptcy in 2017

British Report: Iraq is in danger of bankruptcy in 2017

Posted 20/07/2015 09:27 AM

Warned the International Center for Studies British development, that Iraq is in danger of bankruptcy by the next two years, and will be unable to pay the salaries of its employees, because exceeded the deficit in the fiscal budget of the country for the amount of $ 50 billion.
According to a report to the Centre that “the deficit is not justified, the fact that the budget has been Read more…

Ministry of Finance: Transforming the provincial budget for the month of June next week but a few

Ministry of Finance: Transforming the provincial budget for the month of June next week but a few

18.7.2015 18:00

[Baghdad-where]
Undersecretary of the Ministry of Finance announced that it is scheduled to send sums Baghdad to sell oil sender by Sumo from the Kurdistan region to the outside for the past month.

Fadel prophet, Undersecretary of the Ministry of Finance in a press statement said on Saturday: “It is because of the Eid al-Fitr holiday, the Send amounts sale of oil sender by SOMO to outside the Kurdistan region, it will be next week.” He noted that “the announcement of the planned amount sent does not want to, but Read more…

Parliamentary oil: the coming weeks will witness a new agreement between the center and the region

Parliamentary oil: the coming weeks will witness a new agreement between the center and the region

15/07/2015 09:32

Tomorrow Press / Baghdad: revealed the Commission on oil and parliamentary power, Wednesday, that the next few weeks will see a new agreement between the center and the region around the oil exports and revenues file. The committee member said Kaveh Mohammad for “tomorrow Press”, “The disagreement that occurred between the center and the region on the export of Oil, was because of the financial benefits of the Read more…

Parliamentary Energy: Iraq will raise its oil production to 5 million barrels per day

Parliamentary Energy: Iraq will raise its oil production to 5 million barrels per day

Tuesday, July 14, 2015 17:02

BAGHDAD / Baghdadi News / .. confirmed security committee and parliamentary power, on Tuesday, Iraq plans to increase oil production in the coming months to five million barrels. The committee member said in an interview with Tariq’s friend / Baghdadi News /, “we welcome the Iranian nuclear deal with the West, because it is an opportunity to calm the economic conditions and the conditions of the oil in the region.” He said a friend that Read more…

Energy: We will press the government in the coming period to send the legislation to the oil law (HCL)

Parliamentary Energy: We will press the government in the coming period to send the legislation to the oil law (HCL)

13/07/2015 09:40

Tomorrow Press / Baghdad: Male in the Oil and Energy Committee in the House of Representatives, on Monday, said his committee would press the government in the coming period in order to send the oil and gas law found to have the House of Representatives for the legislation. He said Ali Faisal al-Fayad for “tomorrow Press,” that “the Convention oil breached the region nor the government through the best of our knowledge has not breached at all, “noting that” Read more…

Parliamentary Finance: Corruption threatens the collapse of the country’s economy

Parliamentary Finance: Corruption threatens the collapse of the country’s economy

07/12/2015 15:20

In the event that corruption has spread to more than that corruption will become in the coming period, the scourge can not be processed and will cause the collapse of the Iraqi economy as a whole.

BAGHDAD / Obelisk: the parliamentary finance committee confirmed Sunday that the rampant corruption and mismanagement of public funds in government institutions threatens the collapse of the country’s economy

Said committee member Saleh al-Hasnawi in an interview Read more…

Bahr al-Ulum: differences on oil and gas law (HCL) is simple and can be solved

Bahr al-Ulum: differences on oil and gas law (HCL) is simple and can be solved

Date: 11/07/2015 13:28

Information / special / ..
According to a member of the Commission on oil and energy parliamentary deputy for the National Alliance Ibrahim Bahr al-Ulum, Saturday, that the differences on oil and gas law, “simple”, noting that it can be solved easily and included in the work of the House of Representatives agenda.
Uloum said in a statement Agency / information /, “The draft oil and gas law has been performed since 2005, but he and with regret Read more…

Kurdistan denies his intention to send a negotiating team to Baghdad to establish a new oil deal

Kurdistan denies his intention to send a negotiating team to Baghdad to establish a new oil deal confirms: We have reached Torrent is enough

Saturday, July 11, 2015 16:36

Baghdad / Baghdad Uz..nfy Kurdistan Alliance, on Saturday, his intention to send a negotiating team to Baghdad to establish a new agreement oil between the province and the center, while noting that the region is justified to sell oil directly without referring the federal government confirmed Torrent is enough has reached.
The MP said the coalition Arafat Karam Mustafa Reims in an interview with / Baghdadi News / that “the region did not specify any a negotiating team to visit Baghdad, to establish a new Read more…

Nechirvan Barzani: oil agreement is inadequate and brought us new proposals to Baghdad

Nechirvan Barzani: oil agreement is inadequate and brought us new proposals to Baghdad

10/7/2015 7:30

[Baghdad-where]
Nechirvan Barzani, head of the Kurdistan Regional Government that “no decision on we went to Baghdad, but said if required, we are ready,” he said, adding, “We have sent new proposals to Baghdad.”

He noted Barzani “As I explained earlier, I confirm now also that the current agreement is appropriate for the Kurdistan economically, and I think that Baghdad is aware that the Kurdish problem is very large.”
He expected the Prime Minister of the Kurdistan a major collapse Read more…

Abadi adviser: America controls the world’s oil prices and the prices will remain between 65 – $ 85

Abadi adviser: America controls the world’s oil prices and the prices will remain between 65 – $ 85

09/07/2015

Najaf / … Economic Adviser to the Prime Minister stressed the appearance of Mohammed Saleh, said that the current financial crisis in Iraq caused by the sharp decline of oil prices on the one hand and go to support military operations on the other hand, pointing out that the United States controls the world oil prices and the prices will range between 65-85 dollars over the next year.

This came during the presidency of the University of Kufa host Dr. Ramadan evening in favor of the prime minister delivered a consultant specialized lecture entitled (the future of monetary policy in Iraq under the current conditions).

Salih stressed in the lecture that Iraq’s Read more…

Expectations .. a new oil agreement between Baghdad and Kurdistan

Expectations .. a new oil agreement between Baghdad and Kurdistan

09/07/2015

BAGHDAD / JD / .. Wall Street Journal revealed near the signing of a new oil agreement between the central government in Baghdad and the Kurdistan Regional Government, while suggesting to the near collapse of the first agreement.
A member of the Finance Committee Kurdistan Alliance MP Ardalan Noureddine told the Wall Street seen by agency / JD /: that Baghdad did not pay what you have agreed with the province because of Read more…

Kurdistan contracts with oil companies to provide their employees’ salaries for the month of May

Kurdistan contracts with oil companies to provide their employees’ salaries for the month of May for oil

Wednesday, July 8, 2015 16:52

Baghdad / Baghdad Uz..cd member of the Committee on Natural Resources in the Kurdistan Pierre Dosky Parliament, on Wednesday, the provincial government held an agreement with the oil company to Tzlifaa their payrolls for the month of May in exchange for oil, pointing out that this agreement came after the province certainty that the federal government will not you send the provincial employees’ salaries. Said Dosky in a statement to the officia Read more…

Parliamentary Energy: differences hamper access oil and gas law (HCL) to parliament

Parliamentary Energy: differences hamper access oil and gas law (HCL) to parliament

Tuesday, July 7, 2015 15:45

BAGHDAD / Baghdadi News / .. The Commission on oil and energy parliamentary, Tuesday, that the oil and gas law has not yet been to the House of Representatives up a far among the advisers in the Cabinet, because there are several points in dispute between the federal government and the Kurdistan region. He said the Commission on oil and energy parliamentary member Aziz Kadhim Alwan, in an interview with / Baghdadi News /, that “disputes the federal government and the Kurdistan Regional Government behind disable sending oil and gas law Read more…

Bubble exchange rates and challenges the stability of the Iraqi dinar

Bubble exchange rates and challenges the stability of the Iraqi dinar

July 6, 2015 11:29

Dr. Haider Hussain Al Tohme

Euphrates Center for Development and Strategic Studies

The form of the sharp deterioration experienced by the Iraqi dinar exchange rate recently a new threat to the process of growth and financial and economic stability in the country, especially with the decline in economic activity and rising unemployment and poverty rates due to fiscal austerity imposed by the 2015 budget.

As is the case for oil prices, constitute the Iraqi dinar exchange rate obsession Read more…

The advisers submit proposals to amend the federal oil and gas law (HCL) to be completed within two months

The advisers submit proposals to amend the federal oil and gas law (HCL) to be completed within two months

07/05/2015 14:23

Tomorrow Press / Baghdad: the advisers made ​​a series of proposals to the Prime Minister with respect to oil and federal gas law, to be completed in less than two months and sent to Parliament. A source in the Council of Ministers for “tomorrow Press,” that “the controversial law falls under document items the political agreement, and must be passed on the basis of political consensus, to achieve what has been agreed upon between the participation in the government blocs, “noting that” the Council of Ministers completed more than 80 percent of the document the political terms of the agreement, and only three laws left in the corridors of the Council of Ministers or In the first reading phase, the oil and gas and amnesty and modify the amended law of the provinces, in addition to the re-activation of Article 140 Read more…

Parliament: Coming Soon gas oil law (HCL) in the Council of Ministers

Araji of the Parliament: Coming Soon gas oil law (HCL) in the Council of Ministers and the siege of the territory [expanded]

02.07.2015 fifty-nine past five p.m.

[Baghdad-where]
Deputy Prime Minister informed the Chairman of the Committee of Ministers energy Bahaa al-Araji, the House of Representatives in hosting today’s meeting that “the draft oil and gas law will be presented soon in the Council of Ministers”, stressing that “no siege of Baghdad to the Kurdistan region, including respect in the financial budget.”
House of Representatives hosted today in its meeting Read more…