Posts Tagged ‘iraqi oil’

The return of Iranian oil to the market and its repercussions on the Iraqi economy

The return of Iranian oil to the market and its repercussions on the Iraqi economy

04/08/2015

The diversification of the Iraqi economy and reduce its dependence on oil slogan raised by successive governments in all covenants. And witnessed the history of Iraq’s attempts to translate this slogan on the ground to allocate oil revenues to invest in development projects in the monarchy as the formation of the Council of reconstruction. In the republican era slogan “Agriculture permanent oil” in the position Read more…

Khalati: Insert the oil and gas law (HCL) in the next session of parliament

Khalati: Insert the oil and gas law (HCL) in the next session of parliament

07/04/2015

Special / newspaper integrity / Osama success – confirmed citizen Bloc member Hassan Khalati, that the general budget entirely dependent on oil imports is needed to expedite the enactment of the oil and gas law, which ensures that regulate the relationship between the governments of the center and Iraqi Kurdistan.

Khalati said in a statement (newspaper integrity) that “the next House of Representatives sessions will see the inclusion of oil and gas law Read more…

Vice Kurdish: Baghdad has sent $ 45 million of the Peshmerga

Vice Kurdish: Baghdad has sent $ 45 million of the Peshmerga

06/04/2015

Roudao – Sulaimaniya, said the decision of the Finance Committee in the Iraqi Council of Representatives, the Federal Ministry of Finance will be sent to Kurdistan, on Monday, the amount of $ 455 million, has sent Baghdad 45 million dinars for the Peshmerga forces, because the amount of the sale of oil was more of 45 million dinars issued by the province Kurdistan by SOMO.

However, the deputy of the Interior Committee in the Iraqi Council of Representatives denied that Baghdad to send funds to the Read more…

Parliamentary power: the government did not send the oil and gas law to parliament after

Parliamentary power: the government did not send the oil and gas law to parliament after

04/06/2015 14:47

Tomorrow Press / Baghdad: The Commission on oil and energy parliamentary, on Monday, that the government did not send so far oil and gas law to the House of Representatives, noting that the law does not prescribe in the absence of a political agreement. The committee member said Kawa Mohammed for “tomorrow Press” that “all existing laws since Read more…

Iraqi Oil Minister: resolving the crisis between Baghdad and Erbil, a key factor for the adoption of the budget

Iraqi Oil Minister: resolving the crisis between Baghdad and Erbil, a key factor for the adoption of the budget

05/04/2015

Roudao – Baghdad, said Iraqi Oil Minister Adel Abdul-Mahdi, Sunday, that resolving the crisis between the Iraqi government and the Kurdistan Regional Government is the main factor for the adoption of the budget for fiscal year 2015.

According to an article published on the newspaper justice to the Iraqi Oil Minister: “We still have a lot of shortcomings that can be Read more…

Parliamentary Energy announces the completion of the drafting of oil-producing provinces Law

Parliamentary Energy announces the completion of the drafting of oil-producing provinces Law

Saturday, April 4, 2015 17:10

BAGHDAD / Baghdadi Uz..aalnt Commission on oil and energy parliamentary, Saturday, to finalize the oil-producing provinces law, as pointed out that the law will be allocated money to the provinces producing and non-producing oil and energy.
Said committee member Jamal Panthers in an interview / Baghdadi News / that “consists of four articles of law, the first article talks Read more…

Global Center for Development Studies: Iraq has lost more than $ 165 billion in only 6 years

Global Center for Development Studies: Iraq has lost more than $ 165 billion in only 6 years

04/02/2015 13:46 GMT

Agencies – A report issued by the International Center for Development Studies and the epicenter London confirmed that Iraq has lost more than $ 165 billion from the Development Fund for Iraq in only 6 years.
The report pointed out that the Development Fund for Iraq, which was established by a decision of the Security Council to deposit the sales of Iraqi petroleum products reached its assets to $ 165 billion Read more…

Parliamentary Energy: We have received a letter from the government to adopt the draft oil and gas law (HCL) in 2011

Parliamentary Energy: We have received a letter from the government to adopt the draft oil and gas law (HCL) in 2011

Tue, March 31 / March 2015 07:31

[Baghdad-where]

Received for the oil and energy parliamentary, a book from the government spends adoption of a draft oil and gas law, the 2011 edition.

The committee member said Razak Mheibes, told all of Iraq [where]: “” The committee has not yet decided with the Presidency read. ”

“The laws that can read Committee, are exempt foreign contractors Read more…

Abdul-Mahdi told the “homeland”: our stock of oil will make us leaders of the country for centuries to come

Abdul-Mahdi told the “homeland”: our stock of oil will make us leaders of the country for centuries to come

29/03/2015 10:38 GMT

Oil Minister Adel Abdul-Mahdi, Sunday, that Iraq’s oil reserves would make him leading the country to the countries of the world for centuries to come, pointing to the country’s need to increase production and oil exports during the next phase.

Said Abdul-Mahdi, in an article published in the local citizen, said that “some delusional thought that the money has been spent in research and development and increase production and drilling more Read more…

Government refrain from passing the new oil law (HCL) and adhere to the law contrary to the Constitution

Legal representative: the government refrain from passing the new oil law (HCL) and adhere to the law contrary to the Constitution

27-03-2015 02:33 PM

He attributed a member of the Legal Committee of Parliament, Secretary Baker, not to refer the oil and gas law from the government to the House of Representatives to ‘lack of consistency between some of its articles and provisions of the Constitution’, expecting ‘lead law in the case of legislation to reduce the powers of the government in the oil field’, pointing out that Government today regulate oil work according to the old law, which is inconsistent with the Constitution. Read more…

Iraq oil helps to attract international buyers for bonds

Iraq oil helps to attract international buyers for bonds

25/03/2015 (00:01 pm)

Range / Reuters

Despite the war being waged against al-Iraq “Daash” The decline in oil prices that has plagued public Bmalith still can rely on oil reserves to attract buyers to the first publications of international bonds in nine years.

Finance Minister Hoshyar Zebari said last week, “Reuters”, “The central government is discussing with Citibank and Deutsche Bank version potential bond dollar worth five billion dollars for five years Read more…

The tasks of the central bank of the jurisdiction of the tax and customs authorities

The tasks of the central bank of the jurisdiction of the tax and customs authorities

25/03/2015

Synchronization of the national effort to mobilize the country’s financial resources and human potential in the face of the organization of the Islamic State “Daash” with the worst economic hardship experienced by Iraq for many years. It was the direct cause of the economic crisis of falling oil prices, which provides about 90 percent of the Iraqi state treasury by more than 50 percent since last June. Thus, the oil revenues that finance the activities of the state and all military service and operational aspects have lost more than half its value in less than a year.

In the face of this situation the House of Representatives approved the budget amounted to $ 105 billion. This means Read more…

Mahdi: The International Monetary Fund and bowed to the desire to remain subsidies for petroleum products

Adel Abdul-Mahdi: The International Monetary Fund and bowed to the desire to remain subsidies for petroleum products

Monday, March 23 / March 2015 15:38

[Baghdad where]

The Minister of Oil, Adel Abdul-Mahdi, said on Monday that the government subsidized prices of petroleum products from the gas and gasoline, will remain unchanged, stressing not affected by these prices fluctuating foreign exchange rates.

The oil minister said in a statement today the agency received all of Iraq [where], a copy of which, “The IMF insists on the lifting of subsidies and raise the prices of petroleum products,” noting that “and together with the Finance Minister refused this demand categorically.” Read more…

Parliamentary Finance: Iraq has lost four billion dollars over the past two months

Parliamentary Finance: Iraq has lost four billion dollars over the past two months

21/03/2015 09:34 GMT

BAGHDAD – and babysit – revealed the parliamentary finance committee member Husam punitive, Iraq suffered from financial loss amounted to more than 4 billion dollars.
He said in a statement punitive “public opinion” has received a copy of it, that “the non-arrival of the production and export of crude oil during the months of January and February to the planned figure in the 2015 budget caused a financial Read more…

Member of the parliamentary energy demand to send oil and gas law (HCL) to the Committee to read

Member of the parliamentary energy demand to send oil and gas law (HCL) to the Committee to read

03/18/2015 10:45 GMT

Follow-up – and babysit – student in the oil and gas committee member to send oil and gas law to read it within the committee and submitted to the Presidency of Parliament for inclusion on the agenda of the House agenda.
Zahid said Abadi, in a press statement that “the previous government has sent oil and gas Pencchth amended the law in 2011 was sent currently before the Commission on oil and energy to the prime minister and we are waiting for the answer from the government Read more…

“Daash” hamper Iraq’s accession to the World Trade Organization

“Daash” hamper Iraq’s accession to the World Trade Organization

17-03-2015 11:15 AM

Developed the continuous attacks of the organization of the Islamic state ‘Daash’, which controls vast areas west and north of Iraq, the Baghdad government in a quandary about to join the World Trade Organization, after nearly seven years of continuous steps to achieve this accession. Iraq is seeking permanent membership in the WTO, rather than an observer member, as is Read more…

Zebari threatens Baalanzhab as Baghdad did not send dues Arbil from the budget

Zebari threatens Baalanzhab as Baghdad did not send dues Arbil from the budget

Posted 16/03/2015 11:54 AM

Waved Iraqi Finance Minister Hoshyar Zebari, on Monday, one day he will not stay in Baghdad in the event of reaching a conviction that that the federal government is deliberately not to send dues province of Kurdistan.

Zebari said in an interview on the sidelines of the meeting of the International Monetary Fund, that the oil agreement Read more…

Government asked to wait a law of oil and gas (HCL) to the presence of talks around

Member of the parliamentary energy: government asked to wait a law of oil and gas (HCL) to the presence of talks around

14.3.2015 twelve thirty

{Baghdad: Euphrates News} confirmed the Commission on oil and energy parliamentary member Razak Mheibes Lajimi, on Saturday, the government asked the Commission to postpone the law of oil and gas to the presence of talks around it.
He said Lajimi told {Euphrates News} that “there is a great desire on the part of the oil and energy parliamentary passing the oil and gas law because of its paramount Read more…

Parliamentary Oil: failure to approve oil and gas law (HCL) is a violation of constitutionally

Parliamentary Oil: failure to approve oil and gas law (HCL) is a violation of constitutionally

08/03/2015 09:53

Direction Press Special /
Confirmed the Commission on oil in the House of Representatives member Kaveh Mohammad, said on Sunday that his committee received a copy of the oil and gas law, sent to the Council of Ministers in the House of Representatives earlier.
Mohammed explained in an interview for “direction Press” that the House has returned all the bills and Dmnaha oil and gas law to the new government, considering that the government should have a Read more…

Turkey Kurdistan lend $ 500 million, compared to crude oil

Turkey Kurdistan lend $ 500 million, compared to crude oil

08-03-2015 01:16 PM

BAGHDAD / news / Samer Mohammed
announced that the Finance Committee in Kurdistan Parliament, said on Sunday that the Kurdistan region will pay the amounts of crude oil in exchange for a financial loan will give him Turkey for the region and $ 500 million.
The newspaper ‘Hoal’ Kurdish Commission’s president Ezzat Saber saying, and I followed (news) today, that ‘Turkey sent to the Kurdistan region of $ 500 million to pay the salaries of staff in the Read more…